Thursday, September 4, 2014

EOC Week 7: Minimum Wage Management


"If an employee's tips combined with the employer's direct wages do not equal the federal minimum hourly wage, then the employer must make up the difference. If an employee is employed concurrently in both a tipped and a non-tipped job, the tip credit is available only for the hours spent in the tipped job."(pg271;HR)
When it comes to minimum wage, there is a lot of opinions and discussion revolving this situation. Since I am one to talk about getting paid 25 cents over the minimum wage, still doesn't make up everything that I do at work. I think for years now people have been arguing about raising the minimum wage price to be more reasonable, a price that people can live off of a price that you can have a family of at least 3.
"The premium overtime pay requirement on either a daily or weekly basis is not applicable to employees who are compensated at not less than one and one-half times the minimum rate or to employees of enterprises having a gross annual sales volume of less than $250,000."
When it comes to paying an employee enough, I don't think there is such an amount, because now and days it cost a lot to make a living, especially if you have a family, if you are single, then maybe just maybe you can do it, but start throwing some kids in the picture then it gets hard. Everyone is always looking a way to make more money and have a good life, without struggle and be able to raise their kids in a good environment, but truth be told you have to struggle in life to get anywhere in life, you have to work hard in life to be someone, and most importantly, you are always good enough to get more money then what they offer you just have to believe it yourself.