Organization Compensation 2/23/2018 The history of minimum wage and the positive and negative effect of an Increase: Many Americans still ask why a federal minimum wage was set and why? Another more recent question is the talk of increasing minimum wages and if the increase would result in a negative or a positive effect to the economy as a whole. Unbeknownst to many the first minimum wage law was originally enacted in 1894 in New Zealand. “The minimum wage has become a cornerstone of the United States labor
under-trial prisoner. This implies that the current minimum wage structure of the RMG sector is still below the cost of food for prisoners in different jails, writes Jakir. He also points that, ‘in recent years, in the face of unusual price hike, the government initiated special social security programs for rural workers. According to the program, considering the standard of daily wages of day laborers at Tk. 150 per day, their monthly wage stands at Tk. 4,500. Furthermore, while the productivity of
trial type which aims to resolve cases fairly and in a civil manner. The process involves a jury, a group usually around twelve people in size, who listen to the case then deliberate in order to reach a verdict of guilty to certain or all charges, or not guilty. The intent of this process is to allow an individual to be judged by fellow citizens, otherwise known as peers. This process was introduced in order to prevent those in power from making the sole decision in a case. While there are good intentions
rise in minimum wage, but they fail to realize what they exactly are asking for. Should a fast food worker be making the same as a police officer? Should a lifeguard make the same amount as a medical assistant? No, they should not there is a reason those jobs are being paid lower than others. The discussion of the minimum wage has been going on since it was established back in 1938. Since the creation of the Fair Labor Standards Act, the minimum wage has had issues. Minimum wage constantly nowadays
business environment, the essential element in business ethics is to conduct business with integrity, honesty and all business must committed to treat all the employees and customers fairly. In contrast, an unethical business can be referred to as an act of unlawful action and morally vice activity within the business setting (Babalola ,2009). 2.2. Impacts on the Environment i. Garment industry According to Scott (2015), he reported that of about 400 billion meter square of fabric is sold globally
work The Glass Ceiling act is a concept that was first mentioned in 1987. This concept started as an expression on why women could not get high positions in different organisations. (Muhonen, 1999) The glass ceiling´s way of structure made it more difficult for women to get jobs. Women are seen to be inferior to men, regardless of the level of difficulty at the workplace. , 1999). In reference to Folke & Rickne (2014) the glass ceiling act where a group of people, in this case, women, who are less
04. What Are the Ethics of the Alternatives? 01. Which alternative would produced the greatest benefit to the greatest number of stakeholders ? According to the case study that can be made many alternatives view the stake holders and what type of benefits that company can gain from the stake holders Mr.Ruwan Perera is assistant controller in this company he gives to some account details to the firm and the firm analyze this data and how the over view of this company situation among that situation
For Velasquez (2012), Business ethics is a specialized study of moral right and wrong. It focuses on moral standards as it is applied on business institutions, organizations, and behavior. These moral standards specifically apply to Kohlberg’s theory. It is grouped into three levels. In the preconventional level, there is recognition of authority. This person gives a punishment or reward. In the conventional level, it is understood that there are certain rules to follow. It is also understood to
for the same job. There are moral and irrational reasons why this is so. In 2010 , the Equality Act was created to simplify previous anti-discrimination laws. It would protect people who were victim to both direct and indirect discrimination. It means that despite factors such as age, race, gender, disability, sexual orientation, and religion, they shall not be discriminated against. Part of the Act would establish equal pay to people.
corporate ethical responsibility, we can see through Nestle Company in UK which has become the first corporation to pay the living wage which is currently set at £8.80 per hour in London and £7.65 in elsewhere, compared to the national minimum wage of £6.31. Fiona Kendrick, the chief executive of Nestle UK & Ireland, he said that the purpose of having the living wage is to benefit their employees and the communities they live. From this illustration, we can know that the employer is paying attention