On May,1,2011 the minimum wage increase from $8/hour to $8.75 was placed in effect. Now this is ofcourse an outstanding news for employees, however not so much for the employers. The $0.75 raise will make a significant difference to the employees as they'll be getting rewarded by a rate of an extra 75c in their paycheck. This will most probably imrpove the quality of their work as well as they'll be more motivated to work longer hours with that little bit of extra pay. Initially, employers may not look at this as an advantage for themselves, but ultimately, the raise will also be beneficial to them since employees will be more pumped up and rewarded by the raise, resulting in a greater, quality performance.
The minimum wage raise is an excellent start and I hope to see it increase in the near future , providing the lower income families with an aid to their struggles.
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