Sample thesis statements:
Raising the minimum wage will help stimulate the economy because low-wage workers will be able to spend more. Increasing the minimum wage encourages workers to be dedicated to their jobs because they will be happier and more satisfied with their positions.
Also question is, is a minimum wage a benefit for society?
Raising the federal minimum wage will also stimulate consumer spending, help businesses’ bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.
Wage indexation to cost of living, where wage is automatically adjusted with the increases of cost of living, is not usually met by majority of the employers. Companies have different interpretations of the justifiable pay for certain job positions, skills and tasks.
Likewise, people ask, what is a just salary?
Just Compensation
People work to support themselves and their family members. Thus, at a minimum, each worker must earn enough to support themselves and their family as a result of their labor. Justice does not demand, however, that all persons earn the same amount.
What is meant by a just wage?
just wage is defined as that remuneration. which is enough to support the. wage-earner in reasonable and frugal comfort. The Law of Supply and Demand on labor, e.g., the more the supply of labor the less compensation being given to workers.
What is right to just wage?
Summary It has been shown that a labourer has a right to a just wage since his last end demands that he be treated with dignity, that he have the opportunity to satisfy his essential human needs. The key to a just wage for a worker is the usefulness of labour not to this or that individual but to men generally.
What is the benefit of raising minimum wage?
Raising the federal minimum wage to $15 an hour would improve the overall standard of living for minimum wage workers. These workers would more easily afford their monthly expenses, such as rent, car payments, and other household expenses.
What is the issue of minimum wage?
The federal minimum wage of $7.25 per hour has not changed since 2009. Increasing it would raise the earnings and family income of most low-wage workers, lifting some families out of poverty—but it would cause other low-wage workers to become jobless, and their family income would fall.
What is the minimum national wage?
In April 2021 they are:
Age 16-17 – £4.62 an hour. Age 18-20 – £6.56 an hour. Age 21-22 – £8.36 an hour.