Economics

Running Head : A tokenish wage is the last(a) rightful(prenominal) and regulated amount of salary that employers can partake their workersA on Minimum WageIn APA StyleNameUniversity IntroductionA long time ago , a girl named May was hired as a courier Being a neophyte in the labor food market , it was a risk on the part of the employer to hire her collect to the f issue that she can be considered to lack the necessary skills . though this is the case she got virtuoso qualification that can be considered of grandness and that is her eagerness to work She was hired to do simple tasks in the speckle e .g . delivering messages opening the mail , making deep brown , licking stamps , putting things in envelopes , going to the post office , and doing other menial tasks of this kind . She was being paid for HK 800 which is a month s salary for the kind of tasks she can only fudge to doAfter one year of work her salary was raised and forked . This can be attributed to the fact that she was able-bodied to acquire the skills that were in truth useful for the company which is advantageous compared to her skills when she was fresh from high discipline . This can be considered as an improvement as to her initial skills when she was hired to join the company . Specifically , upon the year of practicable application and learning , she can now keep whatever records , type labels , calculate the petty cash and do both(prenominal) bookkeeping sort of work . Taken together , her 12 - month on-the-job training had given her a first-hand reproduction that she could not get anywhere else . With the amount she receives , she has learned to situate valuable use of it in such a instruction that she was able to spend on things that makes her life more prosperous than before and made her self- sufficient .

It made her independent and able to do away from practices that encourage dependence for a minor and teenager (Tier 2001Based on the presented narrative that can be considered as an application of the minimum wage principle , does the success of one worker as cited , be attributed to the imposition of a minimum wage law or the absence of it ? This research presents some(prenominal) aspects upon which the practice of the minimum wage law could either be beneficial or detrimental to the labor force or the economy in generalPrimarily , minimum wage is the lowest rightful and regulated amount of salary that employers can apportion to their workers . The act of going beyond the set standards of the minimum wage laws that a certain country or state adopts , is dependent on the capacity that employers can extend to the benefit of the workers . Both parties (i .e . employers and employees ) look to keep the balance each for their own good . The genuinely core rationale why such regulation occurred is to balk exploitation among workers and to see to it that their basic...If you want to get a in force(p) essay, order it on our website: Ordercustompaper.com

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