Question

Compare the effects of the minimum wage in states with minimum wage laws significantly different from the national minimum wage.

Answer 1

Minimum wages was developed with the view of providing for basic needs and wants of people. They are viewed as one of the strongest means for earning of unskilled or low skilled employees.

Before the existence of minimum wages, most employees saw themselves being harassed and abused at their workplace respectively. The governments subsequently flagged this trend and introduced minimum wages by the hour to be paid to the workers so as to ensure that their access to educational facilities, healthcare and other similar ones are not affected.

The federal law at present is capped at 7.25$ a month which means that this is the minimum which all states must follow while delivering on pay ethics. However, some states have additional laws because their cost of living and employment scenarios are such which permit higher minimum wages to come into effect.

Namely, these states include:-

Alaska, Florida, Minnesota, Missouri, Montana, New Jersey, Ohio, and South Dakota, Arizona, California, Colorado, Hawaii, Maine, Michigan & New York,

The implications of this is that these states pay wages in excess of the minimum wages that are paid and guaranteed as per the federal law and vary depending on each one. When compared to other states which do not have such laws in effect, it can be reasonably be said that these states are those, in which the quality of life is relatively higher for the people who undertake such jobs in comparison.

Since, relatively they earn more, they enjoy a better standard of living and access to formal education, healthcare facilities etc. are also relatively higher in comparison.

Out of the views represented, it is also important to consider that these states have prospered more in comparison with others and have been able to deliver more on their social cards respectively.

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