Week 7 Assg.The Living Incongruity..docx Week 7 Assignment BUSN410 BUSN410 The Living Incongrui
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Week 7 Assg.The Living Incongruity..docx Week 7 Assignment BUSN410 BUSN410 The Living Incongruity BUSN410 American Public University System In a very real sense, people should not struggle to provide for themselves or for others. A living wage, the concept is quite vague, pertains to the cost of overall living expenditures. This argument is all about earning a living wage: Is it sufficient to live? And what is living wage, anyway? Quite often, you will see news articles or articles addressing minimum wage, living wage and/or poverty. Most articles revolve around McDonald's. Reports transpired through media that a strike protest congregated set against Fast Food corporations. What is a living wage? A living wage should cover the basic living costs of three consumption units, which translates to one working adult, one child-caring adult and two children, for example, or one working adult and two elderly adults. (Labour Behind the Label, 2014). Elaborating on the meaning of 'living wage' should be measured from four points: The legal wage standard? The industry wage standard? Does it provide for a worker and their family's needs? Does it provide discretionary income standards? Concerning legality, the first standard, the United States businesses are required to pay minimum wage. The Federal Minimum wage is $7.25 per hour with individuals' states setting higher salaries as they see fit. For e. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .
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