Answer

The Debate over Minimum Wage

            Over the past decade, there has been an unending debate over minimum wage.  Whenever the government starts this debate on whether or not the minimum wage is to be increased, the result is often a bitter battle between people with different expectations. However, to better understand why this debate is never finalized on, it is important to first take into consideration the fact that the minimum wage law is so much more than money. It also affects the employer-employee relationship by determining the bargaining power of employers in relation to the employees they prefer.

            It is often argued that a higher minimum wage will enable employees to better their lives. They will be able to afford so much more than they current are, such as insurance and even better education (Baker, 2018). However, opponents argue that this would hurt the low wage workers since employers will no longer want to purchase more of it. Therefore, the rates of unemployment will increase since labour will become expensive.

            Research conducted has also triggered prolonged debates since they feature opposite results (Baker, 2018). Some argue that employment rates have reduced and that the average pay has also been lowered for the poorest employees. Others argue that employee income has been boosted as needed (Baker, 2018). Therefore, it is clear that this debate can only be resolved through a balance between the two points of view.

            In conclusion, both sides have to compromise to ensure that the poor workers are not affected and that employees get better pay for their services. That is why the increased amount should not be double the amount, but rather a slight increase that will still make it affordable for employers to seek human labour.