Thursday, December 30, 2010

History of the law minimum wage

Most industrialized countries have a form of one of the rights of the wage to ensure that workers fairly compensated work. United States, the minimum wage was more than 70 years of existence and continues to be a centerpiece of the reform of labour markets. In its history, the real value of the dollar of the minimum wage has fluctuated with the changing political climate and even today still generates controversy. OriginsMinimum wage legislation initiated and Australia New Zealand in the nineteenth century in response to wide spread implementation hand disorders and strikes. 1912 Massachusetts was an act of the minimum wage to accept although cover women and children was limited in the first Member State in the United States. During the great depression, the need for a reform of wages has become more urgent, that many American workers living standards have seen worse. Franklin Roosevelt d. takes the problem during the presidential campaign of 1936 and rode at the White House on the shaft of the popular support for reform.Federal pay minimum LegislationIn 1923, the Supreme Court declared a minimum wage law in Washington, prevents the ground workers establish their own prices for your work. To fill his campaign promises, Roosevelt was a constitutional settlement which would in court. The result of his efforts was passed by Congress in 1938 Labor Standards Act fair. FLSA minimum 25 cents wage hour limited week 44 hours and child labor.Changes prohibits work on the TimeOver the years, the minimum wage has been raised steadily, but inflation has not always followed his real dollar value. After peaking in 1968, the real value of the dollar rose 23% from 1973 to 2007. In the same Zeitraume corporate profits rose by 50Percent, widening the gap between rich and poor. In 2007 and 2008, the minimum wage rate of $5.15 has increased to $6.55 per hour. In July 2009 it grew over $70 cents to 7.25 per hour. In 1966 cover agricultural workers, as well as the State and local Government has been extended to employees. In the 1970s the law was extended workers.Exceptions further on pre-school and everyone is domestic and ExemptionsNot under the labour standards act immediately. For a period of 30 years of 1966, snowman employees as well as restaurant, workers received a fixed percentage of the minimum wage rates. But in 1996 the rate of pay for end was in the Federal law of $2.13 per hour frozen and minimum wage would be in future inflation adjustments. In accordance with the Federal minimum wage law is another remarkable exception harvest workers firm hand, in some cases waiting paid piecework basis. Exempt.Minimum LevelSince contractors, volunteers and some charity workers wage State law in 1938, their own minimum wage many States have passed laws. In most cases, the State minimum wage rate which is same as the federal rate is. The State minimum wage is highest in 14 States and the District of Columbia. In five States with lower at federal level, workers are minimum wage rates still right on the effectiveness of the national minimum wage law wage.SignificanceThe discussed since its inception. Opponents of the law argued that minimum wage helps unemployed because it is cost prohibitive workers. Followers of the lOi support provides essential protection for vulnerable members of the workforce and the minimum wage actually stimulates the economy through more money into the pockets of low employees. Despite the controversy there is no doubt that the Fair Labor Standards Acta lasting impact on the reform which has had work. More significantly, the Act provides in law, the principle that ensures all employees must be "" standard of living to remember at least general welfare, health and efficiency. "" This principle is up to the present day.

No comments:

Post a Comment