Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the next stage of your term project,you will assess the pros and cons of the subject, meaning establishing and evaluating the positive and negative

For the next stage of your term project,you will assess the pros and cons of the subject, meaning establishing and evaluating the positive and negative connotations of the subject you selected in week 3. Organize this post so that you briefly introduce the subject and identify the opposing viewpoints, proponent and opponent, for and against, or pro and con. The analysis should utilize more of an evaluative approach as you analyze the "for" and "against" perspectives [opposing viewpoints] of your thesis.

For example, the topic of increasing the minimum wage might identify and evaluate arguments for increasing the minimum wage and arguments for leaving the minimum wage as it is.

To start, provide your thesis statement and, at a minimum, provide one paragraph for each side [for and against] to present, explain, and evaluate a primary justification for that side. Try to provide at least one court case that either affirms or refutes a perspective you are evaluating. Provide supporting elements so that content is more objective analysis than anecdotal.

Reference (Topic)

My term paper will discuss the rise of minimum wage for service industry workers in the lodging sector of hospitality. I have always been fascinated by the minimum wage increase. When I was younger, the minimum wage was $6.50; now, it is possible to make it almost $18.00 per hour. Minimum wage influences the hospitality industry because it is one of the largest employers in the country. The demands of the job are overwhelming on staff. Providing the best service to customers will become easier when the increase is implemented. The pay increase will make the team more likely to deliver friendly service. When hospitality workers are provided with higher wages, they can take the hospitality home with them and help lift their families out of financial and emotional strain. The increased income will empower the state's poorest residents. The Economic Policy Institute shows that when wages are on the rise, people tend to have more cash to cover necessities. In addition, people support a pay increase because they believe they will get an employee with a higher skill set. Opponent: Detractors of the pay increase argue that it will be hard for employers to keep up with the pay increase. It may be hard for the employer to keep up with paying the wages to its employees and may have to decrease jobs. People do not support the pay increase because they believe that the people they are trying to support by raising the minimum wage will be turned down due to a lack of skills. A study conducted by Purdue University concluded that raising the minimum wage to $15 per hour expected a 4.3% increase in price increases.

Reference (Annotated Bibliography)

Maverick, J. B. (2021, May 19).What are the pros and cons of raising the minimum wage?Investopedia. Retrieved January 5, 2022, from https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp

The author speaks on the downside of raising the minimum wage to $15.00 per hour, which would probably lead to businesses increasing prices which in turn causes inflation. The article highlights that the higher the minimum wage, the higher the living costs. He gives an example of another factor to consider: the small businesses that employ minimum wage workers. Raising their payroll by 100 percent or more could put them out of business, causing unemployment to skyrocket and taxes from the economy to decline, causing an economic depression that might not be recoverable. This will be incorporated in the paper to highlight the potential adverse effects of raising the minimum wage

RICHARD A. JONES, D. J. (2015, March 17).Int'l franchise ass'N, Inc. v. City of Seattle. Legal research tools from Casetext. Retrieved January 4, 2022, from https://casetext.com/case/intl-franchise-assn-inc-v-city-of-seattle

The author references the U.S. Supreme Court case International Franchise Association vs. City of Seattle. He highlights that franchise businesses argued that the city of Seattle discriminated against them. He outlines that under the city law, upheld by the U.S. Supreme Court, franchise owners are required to meet the 2018 deadline for reaching the mandatory $15.00 minimum wage increase limit, just as the large businesses are required to. At the same time, small businesses are given until 2021 to reach the mandated minimum wage increase. Despite being considered a large business, these franchise owners were trying to make a case to be regarded as small businesses.

This could cause some franchises to shut down if they are not financially stable enough to meet this mandated law. Depending on their franchise agreement and their required fees for operating a franchise, this could potentially put them out of business, which in turn would hurt the very people the wage increase was intended to help. This article shows how a rise in minimum wage can be helpful to some and detrimental to others. Whichever way you lean towards, in support of or not supporting of, we should take a hard consideration of the consequences into the decision-making process.

Scheiber, N. (2015, July 27).Raising floor for minimum wage pushes economy into the unknown. The New York Times. Retrieved January 6, 2022, from https://www.nytimes.com/2015/07/27/business/economy/scale-of-minimum-wage-rise-has-experts-guessing-at-effect.html

The author of this article speaks on the upside of raising the minimum wage to $15.00 an hour. He highlights how people can make more money, even with little experience or education. The writer refers to New York as one state that could benefit from a minimum wage increase. The article highlighted that based on projections from government data, the proposed $15 minimum wage for fast-food workers could represent more than 60 percent of the wage of a typical New York City worker. By definition, the minimum wage is workers cannot be paid less than a certain amount for their services. This concept was established so employers could not pay less than a livable wage to inexperienced or retired workers. This example shows that workers are not paid a livable minimum wage, implying an increase. This will highlight the need for an increase in the minimum wage.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Medical Law And Ethics

Authors: Jonathan Herring

9th Edition

0192856561, 978-0192856562

More Books

Students also viewed these Law questions

Question

Keep your head straight on your shoulders

Answered: 1 week ago

Question

Be straight in the back without blowing out the chest

Answered: 1 week ago

Question

Wear as little as possible

Answered: 1 week ago