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Minimum Wage Law Pros

203 Words1 Pages
As we know, the minimum wage is the lowest remuneration that employers legally pay to laborers, and the primary purpose is to ensure workers’ profits, and restrain the behavior of firms to some extent. There are following reasons why minimum wage law is a good idea that government established. As law is First of all, it preserve workers’ legal rights of obtaining labour reward to sustain the worker’s or workers’ families’ basic living standard for enjoying the minimum value of the economic well-being so that workers can fulfill social obligations instead of making the violence. In addition, the minimum wage has an employment incentive as a person who has no job has to rely on social assistance. However, the social assistance is less than minimum
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