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Questions tagged [minimum-wage]

Questions about government policies which mandate that employers must pay at least a certain amount of money (usually per hour) to each employee.

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Did any country ever implement a minimum salary for public school teachers?

Sen. Bernie Sanders (I-Vt.) called for a minimum salary of $60,000 for public school teachers, capitalizing on the push by President Biden in his State of the Union speech to give public school ...
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1 answer
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Could the US fed gov reduce a state's minimum wage?

I haven't seen any discussion on this and so I am not clear on whether it can only add restrictions on top of existing state laws instead of removing restrictions.
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Why does the "Fight for 15" movement not update its target hourly rate?

The US has not had a federal minimum wage update for a very long time. In 2012, there emerged been a loose movement to "Fight for 15" - push for an increase of the (federal and not just) ...
einpoklum's user avatar
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7 votes
1 answer
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Is the Chancellor responsible for setting the Living Wage in the UK?

At PMQs today (18/05/2022), Boris Johnson claimed that the Chancellor was going to raise the Living wage by a record amount. Boris Johnson says he supports Rishi Sunak's work raising the living wage ...
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9 votes
1 answer
209 views

How was EU wide minimum wage computed?

The EU is preparing for rules for fair minimum wages in the EU: A new draft EU law will ensure a minimum level of wage protection in all member states, in order to guarantee decent living standards ...
Alexei's user avatar
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3 votes
3 answers
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Do minimum wage laws in Europe prevent or induce immigration?

Do minimum wages (whether through minimum wage laws or because trade unions control access to low paying jobs) prevent or cause immigration in Europe? On one hand high minimum wages are attractive for ...
Milan's user avatar
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11 votes
4 answers
675 views

What is the motivation for a specifically $15 per hour minimum wage?

In the United States, various politicians and activists are advocating for a $15 per hour minimum wage. However, I'm not sure how this value was chosen. One reason given for increasing the minimum ...
Obie 2.0's user avatar
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37 votes
8 answers
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Why is minimum wage not tied to the cost of living?

I often heard minimum wage discussions and typically a single figure is presented (where I live it is the gross monthly value, elsewhere I hear about the gross hourly rate). However, there are great ...
Alexei's user avatar
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38 votes
6 answers
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Why does Spain's government want to increase the minimum wage by such a large percentage at once?

According to the BBC, Spain wants to increase the minimum wage by more than 20%: Spain's minimum wage will jump by 22% in 2019 - the largest annual increase in more than 40 years. It means ...
Alexei's user avatar
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19 votes
7 answers
6k views

What are the reasons for not calculating government officials' wages in terms of the minimum wage?

In the context of Russian Federation, a deputy of the Duma (the lower assembly) is said to be earning ~400k rubles per month on average (actual amount doesn't matter, only the order of magnitude), ...
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What are the consequences of a minimum wage increase to £10 p/h?

Throughout the UK election Jeremy Corbyn and Labour had in their manifesto to raise the minimum wage to £10 p/h: The shadow chancellor told his party's conference in Liverpool that he would task a ...
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4 answers
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What are the advantages and disadvantages of having minimum wage automatically adjusted for inflation?

I have heard some people advocate that minimum wage should be automatically adjusted for inflation, reindexed on a yearly basis. For instance, if the minimum wage is $10/hr and inflation is at 5% that ...
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9 votes
3 answers
886 views

Under what criteria is a minimum wage law superior to an earned income tax credit based system?

Under what criteria is a minimum wage law superior to an incentive compatible earned income tax credit (EITC) system like the one in the United States? Some of the criteria I think are important for ...
lazarusL's user avatar
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4 votes
3 answers
604 views

Feasible peak to minimum wage?

A number of US minimum wage advocates seek regular increases in the minimum wage. As a matter of political and economic feasibility, how high can the hourly minimum wage be set? I assume this would ...
NL7's user avatar
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13 votes
4 answers
906 views

Are Minimum Wage laws correlated with higher poverty levels?

Minimum Wage laws are promoted as a way to ensure that people earn a living wage, and are not living below the poverty line. Research on the subject disagrees about the effectiveness of such ...
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