Thursday, November 04, 2010
Minimum Wage. Good or Bad?
Short Term.
Fatter pay cheques
more disposable income.
long term.
higher salary expenses for company
company mark up sales price
benefits of fatter pay cheque marginalised
export is affected
business down scale their operations
retrenchment sets in
unemployment rate increase
price remain high
Minimum Wage. Good or Bad?
Labels: Minimum Wage
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