Word: minimum
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...When asked about the success of the move toward a minimum wage floor, OShea is reticent...
...After studying the economic effects of the minimum wage since the early 1990?, David Neumark, a visiting fellow at the Public Policy Institute of California, says he began researching the living wage two and a half years...
...employers like Harvard or Princeton pays more than the minimum competitive wage, she says, employees will be happier and will work more efficiently...
...them on what the market is paying for similar jobs,?Price says. ?t? market-based rather than need-based.?But Pollin argues that the marketplace cannot be relied upon to set fair wages. The economy is 66 percent more productive than it was in 1968, he says, but the minimum wage has dropped in a relative sense. People are being paid less and less for doing work, he notes...
...here is nothing anti-market with Princeton deciding to favor its workers more,?she says. ?e as wealthy institutions caring for the quality of life of our workers should make sure we are paying more than the minimum competitive wage...