And a store like mcdonalds lets say they have 11 employes on duty the company its self is only paying 80 dollars and hour. Yeah they have to pay to keep the store stocked and running but them making 1.3 million dollars an hour and only paying their emplyes as little as they do is terible. The ones who actualy put the work in too making that money for the company only gets 7.25 dollars an hour is rediculius and the company should feel ashamed and feel miserable for how they treat their employes. Companies these days don’t understand that people need to support theirself and their families and that’s impossible to do, working for min wage as low as it is. Although raising minimum wage has a lot of pros it also has lots of
If you keep the minimum wage at $7.25 people will stay in poverty and homeless or on the verge of homelessness. A person working full time at the federal minimum wage of $7.25 per hour earns $15,080 in a year, which is 20% higher than the 2015 federal poverty level of $12,331 for a one-person household under 65 years of age, but 8% below the 2015 federal poverty level of $16,337 for a single-parent family with a child under 18 years of age (procon.org pro#2). If you put the minimum wage at $9.00, people will be able to live comfortably without unemployment rates going up. However, raising the minimum wage
Specifically, raising the minimum wage 10 percent (say from $7.25 to near $8) would reduce the number of people living in poverty 2.4 percent." Evidence of Problem Existence: Most of us can't get by on minimum wage pay and leaves people struggling at home. Chris Isidore stated on a article listed on CNN that "About 20% of American adults who have jobs are earning only $10.65 an hour or less, according to Osterman's analysis. Even at 40 hours a week, that amounts to less than $22,314, the poverty level for a family of
After researching this topic, my opinion is that college athletes should be paid. The NCAA makes millions of dollars every year, while some athletes can’t put food on the table. Athletes need to be paid for their services like they are working a job, and should be paid by the hour. If the NCAA paid every one of its athletes 200 dollars a week, it would still be a fraction of its revenue. A union must be formed by the athletes for equal pay across the sports, and unfair restrictions set upon athletes and not other students should be
Professional athletes are extremely overpaid for the “jobs” that they do. They only entertain for a living and get paid millions of dollars per season. Each sport is different in how they pay their athletes, and the difference in salaries from one player to another can be in the tens of millions of dollars. These athletes are paid for jobs that they only do for a certain number of games and do not even play the games over the course of an entire year. In most professional sports, they play in games for only a few months and then have a few months off.
Do you think Target should raise the minimum wage to $15? I think Target should go ahead with this idea because homes nowadays are very expensive to live in and people need to at least somewhere they can go home to do what your body needs on a regular basis. Many people that are working little jobs like this have to work at least two jobs to not struggle. In an article by Anne D’innocenzio she said “Thousands of workers have protested to call attention to their financial struggles and fight for $15 an hour”. This would help many people to stick with one job so for those single parents that work two jobs they would only have to work one job and not stress about being in their child’s life.
This means that an individual would have to work 140 hours a week in order to just afford a two-bedroom apartment in Honolulu. Breaking it down, that is twenty hours a day, which is physically and mentally impossible. In order to work an appropriate number of hours a week, (e.g.,40 hours,) an individual must be paid at the rate of $34.81 an hour in order to pay an average rent for a two-bedroom apartment in O’ahu (“Housing
Mar/Apr2002, Vol. 22 Issue 4, p26 5p one of the main reasons why students drop out of college is caused by the low of founds. At the beginning, they save money for the first year in college but then due to the high cost of the class and the books, they do not have any alternative than start work. Students work in jobs like McDonalds because their lack of experience and there, the pupils must work thirty hours per week to pay their education. Other luckier students can labor part time jobs and with twelve or fifteen hours pay their classes.
The arguments against not increasing the minimum wage are rather straightforward. The main argument is individuals currently earning minimum wage are not receiving a living wage, therefore something must happen to help Americans currently living in poverty. Whether the changes made are for an increase in minimum wage or through alternatives such as an increase in EITC guidelines, it is a blatant issue needing resolve. The “Federal Minimum Wage: Is the Federal Minimum Wage Good for the Economy” article states that workers making the federal minimum wage are only earning about $15,000 per year on a 40-hour workweek. There are very few people who can earn such a small amount of money and can live comfortably.
“Three decades ago, full-time workers with a bachelor’s degree made 40 percent more than those with only a high-school diploma (Leonhardt)”. This shows that without going to college there is a big difference in getting paid less. A lot of “Adults who did not attend college believe that, on average, they are earning $20,000 a year less (Pew Social & Demographic Trends)”. If people want to feel like they are getting paid the amount they should for the work they are doing then people need to go to college. The average “income for those with a bachelor's degree was $65,482, and $92,525 for those with advanced degrees (Is a College Education)”.
Let’s see just how much more we are going to have to pay per year for the military. There are about 320 million people in the U.S. of those let’s say 55 percent of them pay taxes. 176 million people will pay for the new wage increase for the military. There are 1.4 million people in the military, and all of them are now getting 860,000 dollars.
Today’s minimum of $7.25 an hour is worth 25 percent less than the minimum in the late 1960s. From research, a full-time, minimum-wage worker earns about $15,000 per year, which is below the federal poverty line for a worker with just one child. We need to raise the minimum wage to the point where the lowest-paid worker can afford their basic needs, such as food and other necessities. An increase to $10.00 an hour as proposed by President Barack Obama would actually reinstate the wage factor to the same value it had back in the 1960s. In doing so, it would lift earnings for nearly 28 million workers nationwide roughly 1 in 5 U.S. workers.
These people are all living under the poverty line. The standard cost of living in America is $58,627. Too out of these 1.7 million Americans on minimum wage, only 21% of this number are teenagers, that leaves 79% being adults with families. Minimum wage should be raised because: some people could better support their family with more income, the economy could experience a boost , the quality of line could mean better workers, workers government program like social security food stamps and other government programs can be reduced and lastly taxes can lowered.
According to Arindrajit Dube, an economist, raising the minimum wage to $10.10 will lift almost five million people out of poverty (Covert). Right now, the poverty threshold for a four family household is $23,283 and a full time worker with a salary on minimum wage only makes $14,500 a year (2015 Poverty Guidelines). This means that if a single breadwinner is working in a household for minimum wage, that family is living in poverty. If minimum wage was raised, the income of a worker would exceed poverty