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A Brief Discussion of Minimum Wage

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DOI: 10.25236/icfmhss.2021.008


Qizhe Wang

Corresponding Author

Qizhe Wang


Generally speaking, the minimum wage ensures the minimum living standard for most people, however, it also creates embarrassments for some companies to some extent, especially manufacturers who sell materials being made at a low cost. Those employers may turn to countries with cheaper labour. So, this paper mainly discusses the pros and cons of the minimum wage, but lays importance on its benefits to demonstrate the importance of the minimum wage. It focuses on four aspects: from the personal, including work and life, to the society and the next generation, to illustrate the significance of the minimum wage and re-bring the issue back into the public lens.


Minimum Wage, Labor, Employees