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Business
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Grantham University
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Homework
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Base Pay
I think that the minimum wage should be regulated by the state. State regulations
regarding minimum wage ensure that employees abide by the minimum pay requirements for
the work done by employees during a given time. This implies that when the minimum wage
is set, it cannot be lowered by collective agreement. Besides, it ensures that workers are
protected against low pay. With a state-regulated wage, an equitable wage is enforced,
making sure that there is a minimum living wage for the employed individuals. It is also a
way for the state government to fight poverty and reduce inequality. State governments are
also able to make changes to the minimum wage, which ensures that wages keep pace with
changes in costs of living, therefore, enhancing the standards of living and helping to take
people out of poverty.

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1 Base Pay I think that the minimum wage should be regulated by the state. State regulations regarding minimum wage ensure that employees abide by the minimum pay requirements for the work done by employees during a given time. This implies that when the minimum wage is set, it cannot be lowered by ...
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