The Minimum Wage Controversy Essays - Employment Compensation

Have you ever sat down and calculate to see if a minimum wage 40 hours a week job is enough to afford your living expenses. In the book Nickel and Dimed, the author Barbara Ehrenreich, wrote about her project on the minimum wage in American lives. I believe that our government should adopt a living wage instead of a minimum wage in the USA. Therefore, we need a living wage to save people from getting poorer, save adults workers from losing their jobs, and save small companies going out of their business. What is the living wage that our government should adopt to the people in U.S.? A living wage is an amount of money one needs to buy food and other materials. For everyday living, people need a certain amount of money to buy food, gas, and other expenses, but the question is how much money can they make, and how much money should be enough? Therefore, the amount of the minimum wage is too low and people cannot afford for their living with that small amount of money. With $900-$1000 per month, it is hard to live in today economic. The government should do something about it. They should either change the amount of the minimum wage to fit to the increase of the economic now day and the increasing of tax, or try the different payment method. Along with the low minimum wage, a place to live is still a big concern to American people. The house prices of some big cities in the US are increasing, but the payrolls of the workers still remain the same. Furthermore, with the recession of the e conomic in US, some people would lose their houses to the bank due to their late payments. Everyone wants to have a happy family, their own house, but how could they afford the monthly bills, and other expenses. Some people do not have their own house. They stay at their parent houses with their family relatives. They have tried to live on their own, but unfortunately, living is very hard with the minimum wage and it forced them to go back and live with their parent for a simple reason they couldn?t afford a place for them and their children. It is not just the place to live, food and other things, but health care is also a problem for those who are working on minimum wages. Since minimum wage jobs is rarely offering medical or insurance to their employees, most of the workers whom work under it will have to pay for their own insurance plan, or pay to visit a doctor. For some families, new cloths and car are unreliable. People are getting poorer while the costs of supplies are rising as the wage increase for a bit. By abolish the minimum wage; business will archive more efficiency and lower prices. Many people think increasing wage will help the unemployment, but in the other hands, the demand for workers by employers is proportional to the wage, and the supply of workers goes up as the wage goes up. Most of the companies will cut of f their employers, because they want to pay the same amount payroll for the employees. They also hire new people for lower payroll. They just keep hiring new people than treating the one they have decently, they don?t care about what they?ve trained you or anything, they just want to pay the wage as low as they could to empl oyee. While increasing minimum wage gains more unemployment, it is also giving a kickback to the industry. Small business owners have to raise the amount of money they pay for their employees. If they don?t have that kind of money, it will cause the business to go into debt or even close down. If the business would be going out of the business, it would also affect the workers. The workers would have been laid off and they would be unemployment. If the business?s cost increase, the business?s benefits will go down unless it can increase the price of the products, lowing expense, reduce employers? benefit, and increasing the productivity. Minimum wage is still an argument?s topic and the US