However, the evidence shows that despite the increase of the minimum wage on different occasions over the years has not done anything significant for the American people since this increase has not normally corresponded with the increasing costs of living in the modern world. ... For such mothers as well as other low income individuals, working on a minimum wage is often quite difficult because they not only have to earn money to survive, but they are more often than not forced to work more hours than they normally would to ensure that their needs are met and this occurs just barely (Saget, 23...

• Word Count: 842
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

President Obama has proposed to increase the Federal Minimum Wage to $10.10 as well as increase the Earned Income Tax Credit among other items associated with this. ... It is necessary that "businesses need to have money available to pay for labor, materials, power, and other inputs" (McConnell, Brue, Flynn, 315). ... Those who retain their jobs will make more money; however, those who will lose their jobs and those who will be unsuccessful in acquiring new jobs will suffer from this increase. ... Increasing minimum wage would in fact lead to increases in pay but no loss in jobs acco...

• Word Count: 1353
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

What the 1% must realize is that, the well-being of the 99% is totally related to their betterment as if the 99% makes enough money to put food on their table, afford a house, send their kids to school and go on vacation. ... The 99% demanded about a 50% increase in their wages and gained momentum as their demands were heard on national TV and they threatened to stop working in many states at the same time. ... "The more divided a society becomes in terms of wealth, the more reluctant the wealthy become to spend money on common needs" (Stiglitz 748). For them (1%) the system works ju...

• Word Count: 848
• Approx Pages: 3
• Grade Level: Undergraduate

Layoffs This expectation that employees will not be fired if they perform their jobs well has eroded in recent decades in the face of an increased incidence of mass layoffs, reductions in companies" workforces, and job turnover. ... We wanted an increase in wages for employees seeing that they have a very hard, complex, and physically straining position we felt they deserve to receive an increase. Another reason as to why they should receive an increase in pay is due to the increase of profits in this company and time span from the last contract to now means that there are some definite cha...

• Word Count: 1179
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Generally, firms have a tendency to increase their profit by cutting down on manufacturing cost, as it is important for the growth and development of a company. ... Mainly two prongs differentiated the company's strategy: its measure to cut costs through outsourcing to low cost parts of the world; money saved through outsourcing was invested in marketing through celebrity endorsements. ... His main concern was the difference in wage rates between the developed and developing countries, and how large successful companies such as Nike were utilizing that to their advantage by flouting In...

• Word Count: 1484
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

During this period, the cost of living increased by 4%(Lundberg, 1985). ... The policy theory orientation emphasized in having a passive nature of saving, where underutilization of resources and elastic supply of money would give people an investment opportunity. ... The nominal wage rates increased slowly but did not pass the growth in labor productivity According to James Fulcher (1988), the Swedish industrial relations have been characterized by central bargaining between union and employer federations, which have played dominat role as negotiator the national agreemen between the Swedish...

• Word Count: 1862
• Approx Pages: 7
• Grade Level: Undergraduate

Homelessness, defined as an individual without permanent housing who may live on the streets is an increasing epidemic plaguing the United States; striking Americans of every age, ethnicity, and religion, hitting urban and rural communities in the same ways. ... An abuser usually a boyfriend, husband or intimate partner will alienate a woman from various resources, not allowing her to work to make her own money or keep in contact with her family. ...

• Word Count: 718
• Approx Pages: 3
• Grade Level: Undergraduate

International clothing firms tend to move their manufacturing firms to less developed countries as this will reduce the manufacturing cost and would therefore increase their global competitiveness. ... Firms cannot just focus on earning money and then ignore the working conditions of the employees. ... This may lead to an increase of the unemployment rate in The United States and other developing countries. Furthermore with a increase in unemployment rate this may lead to other social disorder such as demonstration and criminal offenses due to pressure from being unemployed. ...

• Word Count: 1519
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

Humanity has evolved in a male-centered, patriarchal society. Historically, men were always the main suppliers of food and money. Women were the ones who had a duty to look after the home and raise the children. Women were financially dependent on men and lost their financial support as a consequenc...

• Word Count: 2919
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

Management rights refer to the process of working with people and resources to accomplish organizational goals by making the best possible use of money, time, materials and people. ... Traditionally, wage increases have been the primary economic goal of unions, but in order to protect the purchasing power of employees from price inflation, many collective bargaining agreements include a provision that wage rates be periodically adjusted in an amount determined by the rate of increase in consumer prices. ...

• Word Count: 1763
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

The other reason why the growers are against bargaining is that they believe raising wages, will lead to an increase in food prices which will cause troubles to the Americans. ... And if the growers does give a boost, it will not make a huge difference in the amount of money people spends on fruits. ... Growers go far beyond to get contracts and minimize labor costs, they also admits that breaking the law is the only way they can a reasonable amount of money (Rodriguez, Delwiche, and Kasoosji 605). ...

• Word Count: 1826
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate