The minimum wage is the lowest legal wage paid to workers in certain categories. In the U.S., minimum hourly wages are set by the federal government and by the states. In other countries, minimum wages (by the day or month as well as the hour) can be the result of labor negotiations as well as legislation. Minimum Wage Labor Issues Society.
A minimum wage is the lowest remuneration that employers may legally pay to workers. Equivalently, it is the price floor below which workers may not sell their labor. (wikipedia)
- Wikipedia: A minimum wage is the lowest remuneration that employers can legally pay their workers. Equivalently, it is the price floor below which workers may not sell their labor. Although minimum wage laws are in effect in many jurisdictions, differences of opinion exist about the benefits and drawbacks of a minimum wage. Supporters of the minimum wage say it increases the standard of living of workers, reduces poverty, reduces inequality, and boosts morale. In contrast, opponents of the minimum wage say it increases poverty, increases unemployment and is damaging to businesses, because excessively high minimum wages require businesses to raise the prices of their product or service to accommodate the extra expense of paying a higher wage.
- Minimum wage Category
- Average worker's wage - Average wage is the mean salary of a group of workers. This measure is often monitored and used by government or other organisations as a benchmark for the wage level of individual workers in an industry, area or country.
- Economic inequality - Economic inequality is the difference found in various measures of economic well-being among individuals in a group, among groups in a population, or among countries. Economic inequality sometimes refers to income inequality, wealth inequality, or the wealth gap.
- Employee benefits - Employee benefits and benefits in kind include various types of non-wage compensation provided to employees in addition to their normal wages or salaries.
- Family wage - A family wage is a wage that is sufficient to raise a family. This contrasts with a living wage, which is generally taken to mean a wage sufficient for a single individual to live on, but not necessarily sufficient to also support a family.
- Garcia v. San Antonio Metropolitan Transit Authority - Garcia v. San Antonio Metropolitan Transit Authority, 469 U.S. 528, is a United States Supreme Court decision in which the Court held that the Congress has the power under the Commerce Clause of the Constitution to extend the Fair Labor Standards Act, which requires that employers provide minimum...
- Labor law - Labour law mediates the relationship between workers, employing entities, trade unions and the government. Collective labour law relates to the tripartite relationship between employee, employer and union. Individual labour law concerns employees' rights at work and through the contract for work.
- Personal taxes
- Income distribution
- Law and economics
- Labour law
- From The Minimum Wage: Washingtons Perennial Myth www
From 1988, Minimum Wage: Washingtons Perennial Myth, a popular analysis of the economic, social, and political reasons not to raise the minimum wage. The Minimum Wage: Washingtons Perennial Myth.
- From Minimum Wage Employers Posting Strong Job Growth www
From Oregon, Wage Employers Posting Strong Job Growth, a report showing strong growth in the restaurant and farm industries that pay the state's high minimum wage. Minimum Wage Employers Posting Strong Job Growth.
- From The Minimum Wage Increase: A Working Woman's Issue www
From the Economic Policy Institute, Minimum Wage Increase: A Working Woman's Issue, an analysis of how a minimum wage increase would help working women and reduce the gender gap in wages. The Minimum Wage Increase: A Working Woman's Issue.
- Mackinac Minimum Wage and Fairness www
Mackinac Center study arguing against the minimum wage, Wage and Fairness, by Michael LaFaive. Minimum Wage and Fairness.
- Three U.S. Minimum Wage History www
Three charts showing changes in the minimum wage, Minimum Wage History, its value, and its relationship to the poverty level over the last several decades. U.S. Minimum Wage History.
- Article Minimum Wage - It Just Doesn't Add Up www
Article on how US minimum wage jobs are not enough to support a family, Wage - It Just Doesn't Add Up, and keep families in grinding poverty. Minimum Wage - It Just Doesn't Add Up.
- An Ignoring Economics www
An article arguing that the minimum wage is partly responsible for unemployment among not only African-American youth but also violent young French Muslims as well. Ignoring Economics.
- An The Minimum Wage and Its Effects on Small Business www
An economist's testimony to a House of Representatives subcommittee on why the federal minimum wage should be raised. The Minimum Wage and Its Effects on Small Business.
- Examines Minimum Wage Escalation www
Examines legislation that would automatically escalate the minimum wage based on earnings elsewhere in the economy. Minimum Wage Escalation.
- Essay Minimum Wage Causes Maximum Pain www
Essay concerning the origin of the minimum wage and its negative impact on women, Wage Causes Maximum Pain, minorities, and unskilled workers. Minimum Wage Causes Maximum Pain.
- Report Oregon Minimum Wage Increases Boost Welfare-to-Work Efforts - Report -5/29/98 www
Oregon Minimum Wage Increases Boost Welfare-to-Work Efforts - Report -5/29/98.
- Article Does an Increase in the Minimum Wage Result in a Higher Unemployment Rate? www
Article discussing the employment effects of the minimum wage, Increase in the Minimum Wage Result in a Higher Unemployment Rate?, with a long list of annotated links to other arguments pro and con. Does an Increase in the Minimum Wage Result in a Higher Unemployment Rate?.
- From Livable Wage Legislation www
From Vermont's livable wage campaign, Wage Legislation, lots of information about the economics and politics of raising the state's minimum wage. Livable Wage Legislation.
- Examines Lack of Security and the Unorganized Sector www
Examines the plight of unorganized workers in Asia who lack pensions or old age security. Lack of Security and the Unorganized Sector.
- An Unemployment Compensation www
An overview of the unemployment insurance program in the United States, Compensation, including benefits paid and federal and state unemployment taxes. Unemployment Compensation.
- Alexa: Minimum Wage Labor
Alexa Directory Top Sites: Minimum Wage Labor
- DMOZ: Minimum Wage Labor
dmoz.org Directory: Minimum Wage Labor