minimum wage

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  • noun

Words related to minimum wage

the lowest wage that an employer is allowed to pay

References in periodicals archive ?
Changes in Employment Composition: Firms may adjust to a higher minimum-wage by upgrading the skill level of their workforce rather than cutting the level of their staffing.
Cecilia Soto, a columnist and former presidential candidate for the Partido del Trabajo (PT), agreed with the PRD on the need to push through a minimum-wage measure.
25 an hour a full-time minimum-wage worker earns $290 a week * and $15,080 a year.
However, the government also worries that companies will increase the number of employees registered under the minimum-wage bracket, as these salaries will not be taxed.
If we do not balance a minimum-wage increase with economic relief for small businesses," he said, "we will stifle job creation and shut the employment door on the very individuals we are trying to help.
And this is what generally happens: between 1998 and 2003, when the federal minimum-wage law remained unchanged, the median minimum-wage employee received a 10 percent raise within a year of starting his job; more than two-thirds of those starting at the minimum, according to an analysis by the Employment Policies Institute, were being paid more a year later.
However, teenagers are not the only group of workers who are paid at the minimum-wage level.
Last summer the Tucson lawyer launched a campaign to collect 300,000 signatures to secure the necessary 183,917 to place a minimum-wage referendum on the state's ballot.
Only in Quebec, all minimum-wage workers were over the MBM poverty line.
The recent minimum-wage debate is symbolic of an underlying crisis.
1 elasticity is taken from studies of the employment effects of minimum wages for entire age groups and is not equivalent to - as some have asserted - the elasticity of demand for minimum-wage workers.
Indeed, this is a popular view among economists who favor national minimum-wage increases: They will admit to their colleagues that such increases are not the best way to help the poor, but argue that it is the only politically feasible option.
In 1968 a family of three with one minimum-wage earner had a standard of living 17 percent above the poverty line.