Wage Term Papers Samples For Students

The effect of minimum wage on employment has been one of the most explored topic in the discipline of labor economics. During the global recession that plagued the world recently, the rate of employment for the low-skilled and young workers (who comprise the largest component of all minimum workers) worsened disproportionately. Traditionally, some economists have argued that the imposition of a minimum wage that is above the market clearing equilibrium wage reduces employment and at the same time contributes to unemployment particularly among the relatively unskilled as well as the young workers. This is quite ironical given that this is ...

Abstract

As the this topic of increasing minimum wage rate is always matter of concern in US we will discuss how the concept of minimum wage rate came into force and at what rate the minimum rate is increase or decreased. The effect on the economy like growth rate, inflation , consumer price Index and their effects will also be discussed.

Introduction

The topic minimum wage is a hot topic these days but it was introduced long back. New Zealand was the first country that came up with national minimum wage laws in 1894. The minimum wage covered almost all the industries ...

The wage fund concept is a doctrine or expression which was developed by Stuart John Mill and other contributors of economic theory and political economist in the 1800s. This theory seek to show that any amount that an individual earns as a salary/ wage and which is paid to him/her from a certain amount of funds that is fixed and available to him every year is usually determined by the association of capital and wages to any population change(Spiegel 300). Therefore, the wage fund model developed by mill is as follows;

Wage= Capital/ population

This model states that workers wage is determined by the ...

Executive Summary

This report was commissioned to investigate whether fast food workers deserve a living wage as opposed to the current federal minimum wage and if so, ways of effectuating the same. To this end, the paper provides an analysis as well as an evaluation of the current financial estimates and cash flows as evident in the McDonald’s Corporation Annual Report and its capacity to deliver on the aforesaid. The research paper also draws attention to the Australian franchise and their business model which has been able to overcome the hiccups that now face the corporation in the United States and ...

Race discrimination refers to viewing some people as being superior compared to others, mainly due to their skin color. For example, those people who are light-skinned are viewed as being superior to people who have dark skin color. As a result, the individuals with light skin are given the best opportunities and treated better than their dark-skinned counterparts. They get the best jobs; they are highly paid and they garner more respect as compared to their counterparts who have dark skin. Ethnic discrimination, on the other hand, refers to as treating people differently due to their country of origin ...

Background

The Multifibre Agreement was developed in 1974 and governed the world’s textile sector until 2004 when it was phased-out. The accord inflicted quotas on the amount developing countries could export to the developed world. It was meant to help the developed countries adjust to existing absolute advantage that the developing countries have in the textile industry. The existence of the agreement allowed the Bangladesh textile industry to flourish in the 20th century and early 21st century. It was highly expected that the phase-out of the MFA would greatly affect Bangladesh negatively as the country was highly dependent on ...

Poverty & Wages

Question a

Poverty can be defined as a condition of inability to live normal life because of existing economic conditions. Currently, there are several root causes of poverty in the world. They could be classified as individual or aggregate causes of poverty. Individual causes are those that affect an individual person while the aggregate ones are those that affect the whole population or economy. The causes of poverty may or may not have remedies.

Low levels of education and lack of skill is one of the root causes of poverty, especially in the developing countries. Lack of proper education will lead ...

I am Mike. I am a young man aged 19 and I live in Southington, CT. I had to move here – against my wish - from Boston simply because I could not afford to cater for the living expenses at Boston. It so happens that there is no member of my family who lives anywhere within, that is, I have to take care of myself and do everything for myself. As such, I have to work extra hours and try to earn an extra living so as to make the ends meet. This is no easy feat. First of all, ...

Introduction

The Canadian labor market is abundant with skilled and qualified workers, and hence, the country’s labor market is becoming increasingly competitive. In this context, it is necessary for the government to ensure that all these candidates are employed and getting paid fairly. However, it is identified that Canada’s unemployment rate soared high during the recent recession and it has not yet recovered completely. Since Canada is a well-developed country, it is particularly important for the Canadian federal government to analyze the short-term as well as long-term costs of high unemployment rate to the country’s economy. This ...

Abstract

The labor unions have provisions and features which allow for more discrimination based on race and ethnicity. They were historically detrimental to minority workers, especially the Blacks. This paper will focus on the historic vulnerabilities of the minority workers, specifically the Blacks and the Chinese workers during the 1800’s. These vulnerabilities pose a dangerous risk to the continued manifestation and persistence of discrimination among minority workers.
This paper, therefore, intends to illustrate the ways by which labor unions put the Blacks and the Chinese workers to a great disadvantage in the past. This knowledge would be essential in generating ...

Nursing

Health Benefits of Low-Income Hispanic Women: A Disparity in Mammogram Use
Introduction
Breast cancer is among the deadliest and common forms of cancer that occurs among women. The manner of detecting the presence of such cancer is through a mammogram test, which is considered as fundamental medical screening procedure often included in healthcare coverage. Despite the legislative guidelines concerning the coverage of the said procedure in healthcare plans, disparities still emerge as a real problem that mostly Hispanic women are facing. The barriers to mammography screening include low income, lack of access to available facilities, cultural and language difference, ...

The fight for equal rights for women can be said to have existed since the dawn of civilization and a stratified culture based on patriarchal ideals of male supremacy; despite the tremendous advances that have been made since that time, there are still many instances of inequality based on gender. Social, economic and political stratification based on gender are still alive and well, though the past hundred years have seen incredible strides being made on the part of women’s rights. Many believe that gender equality has been successfully achieved, or that women should not get equal rights. These opinions ...

Introduction

The legal system is present in all aspects of our lives to ensure that everything in life is fair and is done with a particular protocol. The labour market is not exempt from laws. It is an area that especially needs legality for it to function properly. Employees are otherwise powerless in determining their wages and treatment. Laws ensure that they have power and a voice. Without legality, the labour market will be a flood of unfair payment under unscrupulous employers.

Law in remuneration

Laws directly affects remuneration of employees in both public and privates sector. Laws stipulate how employees ought to be paid, how ...

Executive Summary

This paper focuses on how the HP Inc. uses information technology to embrace sustainability in the form of Corporate Social Responsibility. The concept of sustainability is a matter that has gained traction in a variety of industries and sectors over the past two decades. Several nations have articulated policies that are centered on the sustainability, thus using it as a framework to base integrated strategies concerning the environment, the economy as well as the quality of life. The HP Inc. has employed various technologies to maintain an appealing face to its customers both in its domestic market and abroad. ...

American Labor Market Overview and Trends

Labor market is one of the most important parts of any national economy, and USA is not an exception. The US Labor market has few significant trends that show how it was developed in the past and how it will be looks like in future. Unemployment rate analysis, job growth rate, and income analysis – these are the major sectors of Labor market that could represent its general overview.
First of all, the unemployment rate should be analyzed. If we look on past two decades as for analyzed period, we will definitely see two major period of US Labor market ...

Any officer of the law is expected to be above suspicion and present themselves as a stalwart example to the community they protect. Corruption in law enforcement is supposed to remain rooted in fictional stories and television and films that are made to entertain the masses. It is unfortunate then that the truth is that the depiction of corruption in law enforcement within the fictional boundaries has a very solid, realistic base from which to work. Despite their trusted and respected roles in their communities, police officers are not immune to temptation. Accepting gratuities are among the worst violations ...

INTRODUCTION

This paper outlines Marxian concepts in Workfare Street Cleaner, Crime Scene Cleaner, Poultry Factory Worker, and Stripper as in Bowe J Bowe’s book Gig: Americans talk about their jobs. The paper will use case studies drawn from Bowe’s book to explain the concepts. The study shows how Americans feel about their jobs and then relates their opinions to the concepts of Marxist theory.

CRIME SCENE CLEANER

Neal Smither is the owner of Crime Scene Cleaners. Their work involves cleaning up death scenes like homicides, accidental deaths, and suicide. He started the job after he lost his job at a mortgage-banking ...

EXAM QUESTIONS ON BUSINESS AND SOCIETY

1. To what extent are companies justified in claiming that they are good corporate citizens?
The key goal of any business enterprise is to maximize profits and minimize cost. The management must safeguard the social welfare of the employees. In addition, the company must respect the social and cultural values as well as providing quality products and services to the consumers. Therefore, corporate citizenship is the understanding of all stakeholders in a company or business enterprise that it has social responsibilities to the employees, the surrounding society and the consumers, who indirectly influence the company’s performance in regional ...

A Comprehensive overview

[Author Name]

Financial Crisis

Introduction
It’s of imperative importance to understand the link between financial system and the economy. According to various economists, it is gauged that there are two primary function of finance. As mentioned in The Economist, it essentially performs as an economic time machine, serving savers to haulage their present surplus income into the future, and on the other hand offering borrowers access to future earnings now. Finance also serves as a safety net, protecting against catastrophic unforeseen events. Hence, by performing these two acts, an efficiently running financial system ensures against the bumps in life, providing ...

SURVIVAL AND SUBVERSION

In the immediate aftermath of the Civil War, the Federal government enacted the 13th Amendment freeing the slaves and the 14th Amendment, which granted African Americans citizenship. In 1870, the 15th Amendment was passed, which gave black males the right to vote. In a few short years after Lee’s surrender at Appomattox, African-American enfranchisement was the law of the land. And yet, in a vast region that had been conquered in a long and bloody war, social change was superficial. In practical terms, there was little difference between slavery and the world in which former slaves lived. Segregation was an absolute ...

Conservative vs Liberal Ideology

America is considered by many as the “Land of the Free”, wherein any person could practice his belief, ideology and affiliation without the need to fear the government from forced intervention. Civil liberties and human rights matter most for the Americans, especially under its Constitution. However, there have been chances wherein ideologies became the cause of conflict inside the country, which could be seen in the country’s two leading political parties: the Democrats and the Republicans. Conservatives supports the growth of capitalism and retention of traditional laws to sustain the growth of the country, while the Liberals support ...

Abstract

Since 2007, the European markets continued to experience a decline as several European nations had felt the consequences of applying the unstable Euro into their countries that had influenced the nation’s economic instability as seen in the case of Greece, Ireland, Italy, Spain, and Portugal. In recent news, the European debt crisis continues to prevail as the Eurozone reaches its all-time low for the past5 years as both strong and weak European markets now enter a state of recession that affects the entire world market. With the current European Debt Crisis continuing to influence the European markets, the United States may ...

Describe the benefits of having a diverse workforce in an organization.

Arguably, workplace demographics have tremendously shifted, and global markets are always at the increase, driving workplace diversity to be a necessity. As a matter of fact, the organization and employees reap both intangible and tangible benefits from a diverse workplace. In fact, organizations in the world have positioned themselves to embrace diversity in the workplace. In most organizations, working and workforce patterns are changing, whereby the working population is becoming older, as well as experiencing an increase in the number of people and women working in various organizations coming from diverse ethnic ...

Government is an institution that controls a state at a particular time. A state can be described as an organization, often political in nature that has a body with control and monopoly of legitimate force. States can be sovereign, federated or under the rule of an external sovereign state. A sovereign state is one, which has autonomy of poser and decisions within its own boundary. Federated states are those, which are part of a federal government while countries under foreign rule are those, which do not have the power to exercise autonomy. A system of government or regime type is the political institutions ...

In twenty-first century America, the issue of immigration, particularly Mexican immigration (both “legal” and “illegal”) is ever-present in political, economic and social discourse. “The issue of immigration touches the Mexican-origin population more than any other ethnic group in the United States,” (Jiminez 2007, 599). With such attention focused on this particular ethnic group, it is interesting to consider the tribal, cultural, racial, ethnic, and national identity of this group. How do Mexican immigrants express their identity in the above-stated terms? What is the nature of Mexican immigrant communities? In what way are Mexican immigrants experiencing social exclusion both within ...

American Airlines (AA) is an airline company that operates with an extensive network in both domestic and international flights. Because of the extensive coverage of transportation in miles and their amount of revenue, it is the fifth largest airline company worldwide. AA currently accounts for 85 percent of the traffic at the Dallas/Fort Worth hub, but it also operates, although less extensively, at the Chicago O’Hare International Airport, Miami International Airport, Los Angeles International Airport, and the JFK Airport (Fuquay, 2011).

The company was started as the result of the conglomeration of 82 airlines in 1930, and it ...