The fight for minimum wage increases has been gaining steam, with a recent
wave of protesters targeting employers such as Wal-Mart. This past week
organizers in 15 cities throughout the United States demanded that Wal-Mart
pay its employees at least $25,000 a year. Similar protests have been
carried out across the country over the past few weeks with thousands
of fast-food workers walking off the job and demanding increased wages.
Currently, the Fair Labor Standards Act (FLSA) requires all employers pay
their workers at least federal minimum wage, which is currently $7.25/hour.
In 1938 when the FLSA was adopted, federal minimum wage was 25 cents.
Although it has increased over the years, the base wage has not kept up
with inflation. At $7.25/hour, a full-time minimum wage salary would by
about $15,000 a year for a worker putting in 40 hours a week. President
Obama has proposed raising the wage from $7.25 per hour to $9 per hour.
Workers demanding a living wage are seeking a greater increase —
generally around $12 per hour.
If you have questions about minimum wage or believe that you have not been
paid all the wages you are entitled to, it’s important to consult
with a top
Georgia wage and hour attorney right away.
Even though companies such as Wal-Mart have argued against raising the
minimum wage claiming that it would hurt their businesses and lead them
to hire fewer workers, several studies have concluded the opposite. Increasing
the minimum wage has significant benefits such as stimulating the economy
by putting more money in the pockets of those most likely to spend it
on necessities. In fact, some studies suggest that raising the minimum
wage during an economic downturn could boost sales at companies like Wal-Mart
that serve low-income shoppers. One advocate notes, “Wal-Mart caters
to workers on a budget and they can expect that if those workers get an
increase, they will spend the money in their stores.”
Further studies have shown that increasing the minimum wage does not lead
to the short- or long-term loss of low-paying jobs – many previous
minimum wage studies that found otherwise have since been discredited.
Instead, raising the minimum wage has been shown to reduce employee turnover
and increase efficiency, which can often offset the increased labor costs
Despite several states having minimum wage levels higher than the federal
limits, it’s time to raise minimum wage for everyone.
If you have been denied minimum wage, contact the top
Atlanta wage and hour attorneys The Buckley Law Firm, LLC, dedicated to protecting employee’s rights
in the workplace.