Answer:
I think each state should set up a diferent level of minimum wage
and different renewal periods which suits them, becuause of below
mentioned reasons:
- Each state have different level of prosperity and availability
of job, at the same time cost of living in all the states are
different. So it would be better if states decides themselves
regarding minimum wage of their state based on cost of living and
other parameters into account.
- States which are richer and have better scope of employment can
keep minimum wage at higher value on the other hand states where
companies average margin and money are less they can keep lower
minimum wage policy subject to cost of loving in that particular
state.
- Minimum wage policy should also be decided by the qualification
of the labour present in that state so for various states that
could be different and hence different minimum wage value.
- Kind of work which is available in the industries of that
particular state also should have say in deciding minimum wage
value. So it should be kept at state level and so does renewal of
the value.
(plz give me a thums up...if my answer helped you and if
any suggestion plz comment, Yr thums up boost me)