Anyone who wanted to work for less and any employer who was willing to hire the person would be committing a crime according to the government even though both parties agreed to the arrangement.
Pray for me.
(05-08-2014, 04:30 AM)Shadow Wrote: Studies have shown that a living wage improves local economies far more than it damages. Someone who can barely pay rent on $7/hr is not going to be spending a dime on anything but survival. Like my b-i-l told me just a few weeks ago. When I made $80k/yr I spent $80k/yr. Now I make $30k/yr that's all I spend.
Do the math.
(05-08-2014, 06:27 AM)Below Average Genius Wrote:(05-08-2014, 04:30 AM)Shadow Wrote: Studies have shown that a living wage improves local economies far more than it damages. Someone who can barely pay rent on $7/hr is not going to be spending a dime on anything but survival. Like my b-i-l told me just a few weeks ago. When I made $80k/yr I spent $80k/yr. Now I make $30k/yr that's all I spend.
Do the math.
The reason the WH and others are pushing for minimum wages is that union contracts are tied to minimum wages. When the rate is changed the union workers get automatic raises.
Quote:The Scandinavian countries of Sweden, Norway, Finland and Denmark don’t don’t have a minimum wage at all because they are so highly unionized. “The unions there felt that a national minimum wage would interfere with collective bargaining, and it might even bring the price of labor down,” says Chater.
Nordic countries prefer to have a collective agreement between unions and employers as the reference point for wages, not one set by the government.
Quote:Finland currently does not have a minimum wage. Instead, workers are protected by sector-by-sector agreements on terms and conditions that generally include minimum salaries. Now the business lobby wants a new system with a national minimum wage and an end to legally-binding sector-based agreements.
“The level of a minimum wage would be slightly lower than the lowest collectively-agreed minimum, so that those in difficult positions in the labour market could also find work,” said Raumo Vanhanen, director of the Federation.
His organisation would also propose abandoning the current system whereby agreements between unions and employers’ representatives bind every company operating in a particular sector.
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