The cons would be for the employer because they must pay their employee the minimum wage and can't pay any less.
The pro is that the employee will know up front what the minimum wage is and know that the employer can't pay any less.
The minimum wage protects the younger generation from being taken advantage of when applying for jobs.
pros ad cons are different for the two parties
for employers..pros are
1)lesser cost of production
3)greater market share with less price because of less cost
4)better command over its employee because minimum wage employee are individually weak in protesting their employee
5)employer can asses about their expenditure on employee
and the cons are
1)fails to attract quality employee
2)fears of trade unionism
3)quick mobility of employee to other better avenues
so far pros of employee is concerned they will get a guarantee income which will not fall below that minimum level
there are lots of corn
2)there will be class division
3)there will be political instability
by alexandriaruthk 4 years ago
What are the pros and cons of increasing the minimum wage in the present state of the US economy?lower the gap between the middle class and the rich, etc.
by Robert Carbery 19 months ago
Was the minimum wage ever intended to be something you can live on and support a family with?
by Stacie L 4 years ago
November 18, 2013 | Wal-Mart doesn’t pay its employees enough of a wage so that they can afford to buy quality food for Thanksgiving. So one store in Cleveland had a novel idea: launch a food drive for its own employees. It’s targeted at the low-wage workers who could afford...
by El Shaddai 2016 2 years ago
Why do so many people support an increase to minimum wage?I will be the first to tell you that we should help as many people as we can, within reason. Minimum wage jobs are not meant for those with families. Minimum wage jobs should be temporary and/or for college students. ...
by Daisy Rivera 3 years ago
Do You Think About The Minimum Wage Should Be Increased or Decreased?
by SparklingJewel 5 years ago
here is one "perspective of facts"...anyone have another as well put together source of a "different perspective of facts" ?Seriously, just like the economy and how it is run, or how businesses are run, or how laws are perceived, or how judges judge for that matter...there are...
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