Exact(5)
Simply setting minimum wage numbers does little but transfer wealth from the ones who earn more to the ones who earn less.
"Simply setting minimum wage numbers does little but transfer wealth from the ones who earn more to the ones who earn less". I think it's even worse than that - I think it primarily transfers wealth from the ones who consequently can't get jobs to the ones who manage to keep theirs.
It also recommends reducing the gap of employment protection between permanent and temporary workers, and setting minimum wage not too high.
These conditions provided considerable flexibility for provinces in setting minimum wage standards, according to economic development principles and the need to attract foreign investment (Frost 2002; Wang and Gunderson 2011).
When warehouse workers Jesse Busk and Laurie Castro first sued Integrity in 2010, they argued that the theft screenings should be compensated as work under the Fair Labor Standards Act, the law setting minimum wage and overtime standards.
Similar(55)
Sometimes I wonder if politicians opposed to setting minimum wages view huge swaths of humanity with contempt.
The expert panel of the Fair Work Commission, the body responsible for setting minimum wages, has examined the evidence about the effect of minimum wage rises on employment.
In this model there are three channels through which regulation (setting minimum wages and making a transfer to the firm) affects welfare.
The NRA allowed industries to create "codes of fair competition," intended to reduce destructive competition and to help workers by setting minimum wages and maximum weekly hours.
So much for a lowly set minimum wage.
But John Longworth at the BCC called on ministers to set minimum wage levels more scientifically.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com