Should The Minimum Wage Be An Investment Or A Cost

From an early age, kids are taught that they have to go to university to receive a job. That they need basic skills learned in school to have a level of comprehension in the job. Then the search begins for the perfect job. While companies are eagerly waiting to refresh the line-up of workers for new, fresh faces into their organization, the question of how much they pay is highlighted. Thereby, the degree of pay a person can accumulate from a job is handled by the Government and not the companies. It has been agreed upon that in Ontario â€Å"The general minimum wage rises to $11.25 an hour, from $11† (Herhalt, 2015, para.2). Obviously there is a decision to be made of how many new employees to be hired. To companies this is the price to do business in the future while employees view this as their monetary income. Alas the conundrum appears, do companies view minimum wage as an investment or a cost to the organization. There are both positive and negative standpoints to this i ssue. And the best way to understand them is to divulge them into two separate stances. From a company and employee standpoint to bridge their perspectives of the ideal of minimum-wage into an agreed-upon consensus. I will demonstrate how the minimum wage is both an investment and cost by looking into the positives and negatives from both sides of the job. When you start at the bottom of an organization, you have no idea what to expect. The goal is to be efficient in the job to get income for the work done.Show MoreRelatedAdvantages And Disadvantages Of Minimum Wage In Taiwan1541 Words   |  7 PagesIntroduction Nowadays, minimum wage is very important for workers in this world. In addition, minimum wage is also a core element of public policy in lots of countries. For example, minimum wage has become a hot topic in Taiwan recently. The Taiwanese complained that the working hours are too long, and the wages are too low. 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