When the wage is increased, it has various effects in the economy. The increase in the minimum wage leads to job scarcity in the economy. Statistics have shown that 60% of the poor people do not work. Therefore, when the…
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The most affected are the young workers looking for the first opportunity to have a job as they have no experience. Also, the increase in the minimum wage reduces the freedom of the American citizens in spending. This is because there will be increase in the price of services and products in the economy (Schmitt, 18).
Also according to the article, “Why Does the Minimum Wage Have No Discernible Effect on Employment,” research has evidently shown that minimum wage has no discernible effect on the employment practice of the low-wage earners. This is because the cost of the minimum wage in most firms is relatively small and that employers have many channels of adjustments. One channel of adjustment is that employers may reduce their expenditures on job training for low wage workers. Employers may also adjust by upgrading the skill level of their workforce and work against the employment of the less-experienced and less-educated workers. Employers in a highly competitive economy may also respond to a high minimum wage by passing the added cost to the consumers in form of high prices (Schmitt, 16).
In conclusion, employers can cut pay to more highly paid workers, shift the composition towards higher skilled workers and accept a smaller profit margin as minimum wage has no discernible effect on employment. As for the workers, they may respond to the higher wage by working harder on the job and reducing labor turnover which enables the employers to save on
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Once the goal has been set to achieve a certain goal over fitness the need to assess the progress is necessary. This is the point where fitness assessment is required (Gwen Robbines). There are various types of fitness assessment tests depending on the type of exercise and the part of the body undergoing physical development.
Leadership actions are different from styles of leadership. Leadership actions are individual and are based on a combination of leader's beliefs, values and preferences. It is also related with the organizational culture and norms encouraging and encompassing individuals approach to lead an organization towards complete development.
To be able to be effective leaders in the next century, the following leadership qualities must be developed: abilities for decision making given drastic changes in the environment through navigation skills,
Though some people have argued that the differences in mobility are brought about by factors affecting children during their growth: the children’s chances of moving to the upper ranks has not changed (Paul 1).
There is various quality improvement issues related with nursing practice. Taking a visit to a healthcare institution provides a nice exposure for determining the issues, whose quality, need to be improved (Institute of Medicine 2001). After observing the manner by which nurses conduct their activities
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