The paper is about the minimum wage Why should the minimum wage be Essay

The paper is about the stripped-down lease Why should the minimum wage be increased - Essay ExampleThe wave of expert advancements and climate of modernity has given money a different value piling pressure on wad to find ways of achieving financial solace and offering labour to industries and has been one of the many actions that people have indulged in especially in UK. People get into the workforce with expectations of earning near money that john support and sustain them. Although minimum wage rates were initially meant for teenagers who offered simple function for low payments, the unfortunate wages have progressed up to today. In 2011, approximately four million American workers sweated for less than sevener dollars an hour (Risher, 20137). This shocking statistics has brought up several arguments about whether the governments should consider raising the compensation a smallish bit higher so that citizens working in the employed sectors can take home some wages that a re worth their toils. Thesis Statement Increasing minimum wage will set ashore many benefits not only to workers but also to the whole economy.Marx (200721) describes minimum wage as the last-place compensation that a labourer gets from their employer on hourly, daily or weekly basis for their informal services that they offer. Wages are compensations paid to unskilled labourers for the manual labour that they offer to their employers. For practice, a nanny who bungle sits a child when the parents are away can be paid daily once they are done with their jobs. The amount paid may be calculated based on the number of hours that they took with the treat and offered their services. In most states ad nations, there clearly stipulated guidelines that safeguards the lowest compensations that a worker can get. For example in the UK, anyone who is above 21 years is supposed to be paid a minimum wage of 6.5 (As of 2014 official rates). Other countries also have their limited wages that th e employers cannot go below. In a nutshell,