minimum wage increase

Mandated earnings boost

A minimum wage increase is a government-mandated rise in the lowest hourly pay employers can legally offer workers.

These increases occur through legislation or scheduled adjustments tied to inflation.

The topic generates political debate between those who see higher wages as essential for workers and those who worry about job losses or business costs: The city council approved a minimum wage increase to fifteen dollars an hour.

Related

tipped workers · working poor · livable · raise · labor · struggle · bills · overtime · tips · rent · unions · protests · fight · employers · small business · mom and pop · inflation · cost of living

Categories
Opposites
direction of wage policy

minimum wage increasewage stagnation

Pay not increasing over time

pay cut

labor market intervention type

minimum wage increasetax cut

Legislated decrease in levy

deregulation · right-to-work laws

economic ideology

minimum wage increaselaissez-faire economics

Minimal state economic involvement

trickle-down economics · austerity measures

Family

minimum, increase, minimal, minimize, minimization, minimally, minimums, minima, wages

Familiarity
Top 200,000
Profile
Timeless · Everyday, not technical · Rated G