Merge from List of U.S. minimum wages discuss Talk Minimum wage in the United States Merger proposal date March 2012 Image History of US federal minimum wage increases.svg thumb 300px History of the federal minimum wage in real and nominal dollars. As of 2009 7 24 df US , the federal minimum wage in the United States is 7.25 per hour . Some states and municipalities have set minimum wage s higher than the federal level see List of U.S. minimum wages , with the highest state minimum wage being 9.04 ..., as long as the hourly wage plus tipped income result in a minimum of 7.25 per hour. The July 24, 2009 increase was the last of three steps of the Fair Minimum Wage Act of 2007 . The wage increase was signed ... reported as earning exactly the prevailing Federal minimum wage. Nearly 2.6 million were reported as earning ... work U.S. Department of Labor title Characteristics of Minimum Wage Workers 2009 date Accessed ... U.S. state s and the District of Columbia would pass minimum wage law s. ref William P. Quigley, A Fair Day s Pay For A Fair Day s Work Time to Raise and Index the Minimum Wage , 27 St. Mary s L ... minimum wage laws. Such laws, said the court, were unconstitutional for interfering with the ability of employers to freely negotiate appropriate wage contracts with employees. ref Id. at 518. ref The first attempt at establishing a national minimum wage came in 1933, when a 0.25 per hour standard ..., and the minimum wage was abolished. File USMinimumWage.svg right thumb 300px Minimum Wage by U.S. state and U.S. territory American Samoa , Guam , Puerto Rico , Virgin Islands , as of July 24, 2009. Legend 008000 States with minimum wage rates higher than the Federal rate Legend 0000ff States and territories with minimum wage rates the same as the Federal rate Legend ffff00 States with no minimum wage law Legend ff0000 States and territories with minimum wage rates lower than the Federal rate The minimum wage was re established in the United States in 1938 pursuant to the Fair Labor ... more details
The history of minimum wage is about the attempts and measures governments have made to introduce a standard ... minimum wage rather it set basic wages for 6 industries that were considered to pay low wages. ref name Politics of the Minimum Wage Waltman, Jerold. The Politics of the Minimum Wage. University ... of the Minimum Wage By 1902, other Australian states, such as New South Wales and Western Australia .... Also in 1824, New Zealand enacted the first national minimum wage law s that, unlike the wages board ... Department to investigate the results of the minimum wage laws in Australia and New Zealand. In part ... of the uprating mechanism for the minimum wage version publisher Employee Relations year 2003 ... national minimum wage History National Minimum Wage page12572.html last date 17 June 2006 title History of the National Minimum Wage work Employment Matters publisher United Kingdom Department of Trade ... , Switzerland , Germany , Austria , Italy , and Cyprus have no minimum wage laws, but rely on employer ... ref In addition to the federal minimum wage, nearly all states within the United States have their own minimum wage laws with the exception of South Carolina , Tennessee , Alabama , Mississippi and Louisiana . ref http www.dol.gov esa minwage america.htm DOL WHD Minimum Wage Laws in the States Bot generated title ref 16 states have a minimum wage that is higher than the federal minimum wage ref http www.minimum wage.us Minimum Wage Rates in the United States ref The first moves to legislate wages did not set minimum wage s, rather the laws created arbitration boards and councils to resolve ... in Australia. It established a living wage for a man, his wife and two children to live in frugal comfort ... mechanism for the minimum wage version publisher Employee Relations year 2003 url format accessdate 2007 02 12 ref In the 1960s, minimum wage laws were introduced into Latin America as part ... Cambridge University Press isbn 0 521 24518 4 p. 342. ref See also Minimum wage Training wage ... more details
Globalize UK date December 2010 Refimprove date July 2007 An average worker s wage is the mean salary of a group of working class workers . This measure is often monitored and used by Government or other organisations as a benchmark for the wage level of individual workers in an industry, area or country. The usefulness of this measure in assessing wage levels is debatable, particularly in an economy where low pay is prevalent, due to the tendency for the wages of a minority of high earners to skew the average upwards. It has been argued that the median mid point worker s wage is a better indicator in these circumstances this measure is used in the UK by both the Office for National Statistics and the Scottish Low Pay Unit in examining wage levels. Certain UK organisations, usually socialist or left of centre political groups, have traditionally had a policy that members should never accept wages higher than the wage of the average working class person whilst being employed by that organisation or in a representative capacity. Deputies and officials paid an average worker s wage are also a feature of the Dictatorship of the Proletariat described in Marx s account of the Paris Commune , The Civil War in France , as well as in Lenin s The State and Revolution commentary on Marx s pamphlet, although not all people who draw an average workers wage subscribe to Marxist principles. This idea is based on the idea that politician s or trade union officials are there to serve the people of the country rather than earn themselves a fortune and or raise their status also known as careerism ... s wage are Mark Serwotka , Secretary General General Secretary of the Public and Commercial Services ... an average workers wage. See also List of countries by monthly average wage List of countries by average wage List of sovereign states in Europe by net average wage List of countries in Europe by average wage Compensation of Employees per hour Wages and Salaries DEFAULTSORT Average Worker s Wage ... more details
Infobox Government agency agency name Wage and Hour Division logo WHD.png logo width 100px formed 1938 preceding1 jurisdiction Federal government of the United States headquarters Washington, D.C. employees 1,000 budget chief1 name Nancy J. Leppink ref http www.dol.gov whd about org nleppink.htm ref chief1 position Deputy Administrator chief2 name chief2 position chief3 name chief3 position child1 agency website http www.dol.gov whd www.dol.gov whd footnotes The Wage and Hour Division WHD of the United States Department of Labor is the Federal government of the United States federal office responsible for enforcing federal labor law s. The Division was formed with the enactment of the Fair Labor Standards Act of 1938. ref http www.dol.gov whd about history whdhist.htm ref Leon Rodriguez is President Barack Obama s nominee to lead the Division. Background Specifically, the office deals with Recordkeeping Youth and special employment Fair Labor Standards Act Minimum wage in the United States minimum wage , overtime , child labor Family and Medical Leave Act of 1993 Leave of absence leave Migrant and Seasonal Agricultural Workers Protection Act migrant worker s, H 2A Visa program, Field Sanitation Provisions of the Occupational Safety and Health Act Employee Polygraph Protection Act Worker protections in temporary worker programs Davis Bacon Act , McNamara O Hara Service Contract Act , Walsh Healey Public Contracts Act , Contract Work Hours and Safety Standards Act prevailing wage s, government contracts s Consumer Credit Protection Act wage garnishment Until November 8, 2009, the Wage and Hour Division was one of four D.O.L. agencies that were components of the Employment Standards Administration. With the decommissioning of the ESA, Wage and Hour now reports directly to the Secretary of Labor. ref http hr.cch.com news employment 081909a.asp ref ref http hr.cch.com news payroll 092409a.asp ref References reflist DOL agencies Category United States Department of Labor agencies ... more details
Minimum wage law is the body of law which prohibits employer s from hiring employee s or worker s for less than a given hourly, daily or monthly minimum wage . More than 90 of all countries have some kind of minimum wage legislation. ref name ILO 2006 http www.ilo.org public english protection condtrav pdf infosheets w 1.pdf ILO 2006 Minimum wages policy PDF ref Until recently, minimum wage laws were ... wage restrictions were held to be unconstitutional. The country s Fair Labor Standards Act of 1938 established a uniform national minimum wage for nonfarm, nonsupervisory workers. Coverage was later extended ... 2 ref The first moves to legislate wages did not set minimum wage s, rather the laws created arbitration .... It established a living wage for a man, his wife and two children to live in frugal comfort In 1909 ... wage version publisher Employee Relations year 2003 url format accessdate 2007 02 12 ref In the 1960s, minimum wage laws were introduced into Latin America as part of the Alliance for Progress ... Cambridge University Press location isbn 0 521 24518 4 p. 342. ref Minimum wage law by country ... The wages board did not set a universal minimum wage rather it set basic wages for 6 industries that were considered to pay low wages. ref name Politics of the Minimum Wage Waltman, Jerold. The Politics of the Minimum Wage. University of Illinois Press. 2000 ref First enacted as a four year experiment ... different industries. ref name Politics of the Minimum Wage By 1902, other Australian states, such as New ... of a basic wage was established in 1907 with the Harvester Judgment . A 2005 study found that the Australian federal minimum wage was 58 of the median wage, compared to 45 in the United Kingdom ... title Does raising the minimum wage help the poor? publisher Australian National University Centre ... pdf DP501.pdf accessdate 2006 05 11 ref The typical minimum wage worker is in a middle income household ... of the commission to adjust the standard federal minimum wage, ref cite web title fairpay.gov.au ... more details
A union wage premium refers to the degree in which Trade union union wages exceed non union member wages. Union wage premiums are one of the most researched and analyzed issues in economics especially ...?project id 43 PSI Research The Union Wage Premium in Britain and the United States Bot generated ... Wage 20Differentials.ppt ref Unions have an effect on wages, the probability of gaining benefits, productivity ... or eliminate pay discrimination and low wages. ref name autogenerated6 The wage gap of non union ... title Union wage premium journal Perspectives on Labour and Income volume 3 issue 9 pages 17 ... 001 archive e pdf e 0242.pdf issn doi id accessdate 3 September 2009 ref This union premium wage gap ... the wages for a period of time. ref name autogenerated1 Narrowing of the Union Wage Premium ... of different firms workplaces. ref name autogenerated3 Another study done by on union wage premiums ... in the Union Wage Premium by Industry journal Industrial and Labor Relations Review volume 56 issue ... adjustments. ref name autogenerated4 Impact of Union Wage Premiums Union wage premiums show the direct benefits of being a member of a union. Although the union wage premiums have fallen for private sector , it has raised for the public sector in the U.S. ref name autogenerated5 Union wage premiums ... the working and lower classes. Most economist and labor studies on union wage premiums estimate ... smaller wage difference of 7.7 and 6.0 in workplaces with more than 100 workers. ref name autogenerated3 ... the market rate wage, it can cause serious firm profitability and eventually jobs could be lost. ref ... is lower. ref name autogenerated1 Lower wage, middle wage, Blue collar worker blue collar , and high school educated workers are also more likely than high wage, White collar worker white collar ... because they raise the wages of the bottom and middle of the wage distribution than that of the top ... than the white collar sector with wage premiums. As well as with larger wages these workers have more ... more details
Council voted to introduce a minimum wage in Hong Kong in July 2010. ref name Economist citation ... date 15 July 2010 accessdate 20 July 2010 ref The executive branch proposed a minimum wage of HK 28 ... title Chief Executive in Council adopts initial statutory minimum wage rate work Info.gov.hk ... http www.businessweek.com news 2011 01 06 hong kong agrees to minimum wage as billionaires wealth soars.html ... to minimum wage as billionaires wealth soars last Leung first Sophie last2 Lui first2 Marco ref It came ... features 41908 the minimum wage debate p1.html periodical TimeOut Hong Kong title The minimum wage ... also been a fixed minimum wage for one specific class of workers, Foreign domestic helpers in Hong ... Attempts at legislation Hong Kong had some legislation relating to the minimum wage as early ... a minimum wage. ref name Economist The 1940 Trade Boards Ordinance also gave the governor ... Economist In 2006, legislators floated a proposal for a voluntary minimum wage. ref name Economist The executive branch formed a Minimum Wage Provisional Commission in February 2009 to research and eventually set a proposed wage floor. ref citation url http www.info.gov.hk gia general 200902 27 P200902270192.htm ... Minimum Wage Commission appointed ref More debate came about on the possibility of a minimum wage ... that the minimum wage be no greater than HK 20. ref citation url http www.thestandard.com.hk news ... 20 minimum wage last Lee first Diana date 25 March 2010 accessdate 23 April 2010 periodical ... to a lower minimum wage for disabled people. ref citation url http www.rthk.org.hk rthk news ... 2010 accessdate 22 April 2010 title Disabled could get lower minimum wage ref Chief Executive of Hong Kong Chief Executive Donald Tsang was opposed to the whole concept of a minimum wage, according ... jobs would be lost as a result of the proposal, depending on the wage adopted. ref name Economist Passage of Minimum Wage Bill The Minimum Wage Bill was passed on 15 July 2010 by a vote of 53 1 after ... more details
In the parliamentary debates over the Kuwaiti minimum wage , MPs Askar Al Enezi and Sadoon Al Otaibi have dismissed past wage increases as too small and not enough to meet the steep hikes in consumer prices. On February 21, 2008, the parliament approved a 120 dinar 440 monthly pay rise for nationals in the public and private sectors after inflation hit 7.3 , a 15 year high. It also decided to raise by 50 dinars 183 the pay of foreigners employed by the government. In response, Al Enezi said, We reject this increase because it is well below expectations. We urge the government to review its decision. ref http www.arabnews.com ?page 6§ion 0&article 107071&d 22&m 2&y 2008 ref The average monthly salary of Kuwaiti employees is more than 1,000 dinars 3,650 , but lower for expatriates. References reflist DEFAULTSORT Kuwaiti Minimum Wage Category Politics of Kuwait Category Kuwaiti law Kuwait stub ... more details
Orphan date July 2009 The Adverse Effect Wage Rate AEWR is the minimum wage that the U.S. Department of Labor DOL has determined must be offered and paid to United States U.S. and alien workers by agriculture agricultural employers of nonimmigrant H 2A agricultural workers Federal Register , February 10, 1999, p. 6690 . Where agricultural employers offer employment to nonimmigrant foreign worker s, payment of at least the AEWR is required. Published once a year, usually in early February, by DOL with the assistance of the U.S. Department of Agriculture , the AEWR sets a separate minimum wage rate i.e., a rate that will not adversely affect the employment opportunities of U.S. workers for each state see 20 CFR 655 . References CRS article Report for Congress Agriculture A Glossary of Terms, Programs, and Laws, 2005 Edition url http ncseonline.org nle crsreports 05jun 97 905.pdf author Jasper Womach Category Agriculture in the United States Agriculture stub ... more details
Multiple issues orphan February 2012 notability January 2012 one source January 2012 Non wage labour costs are social security and insurance contributions, labour taxes and other costs related to employing someone and may include Statutory and contractual non statutory contributions covering social insurance, including Retirement Healthcare Unemployment Child allowance, Maternity, Disability and other contingencies payroll tax taxes on payrolls or credits that are not directly linked to social programmes. Cost of providing non statutory services to employees such as additional days off work, company day care, transportation or company cantine. External links http stats.oecd.org glossary detail.asp?ID 4837 Definition of Non wage labour costs OECD Category Employment compensation Category Labor economics de Lohnnebenkosten fr Cotisations sociales ... more details
Refimprove date October 2011 Marxism expanded Works wikisource Wage Labour and Capital Wage Labour and Capital is an essay on economics by Karl Marx , written in 1847 and first published in articles in the Neue Rheinische Zeitung in April 1849 . This book has been widely acclaimed as the precursor to Marx s important treatise Das Kapital . The ideas that are expressed in the book have a very thorough economic contemplation about them as he put aside some of his materialist conceptions of history for the time being. This book did, however, start to show an increased scientific rationale on his ideas of alienated labor, which in Marx s perspective would eventually lead to the proletarian revolution . Wage Labor and Capital is considered by Marxists as an in depth economic and scientific observation on how capitalist economy works, why it was exploitative, and ultimately why it would eventually implode from within . Citation needed date February 2010 Some of the main topics that the book examines are about labour power and labour, and how labour power becomes a commodity. It also presents the Labour Theory of Value that further develops the distinct differences between labour and labour power . The book also examines the commodity and how the economic principles of supply and demand affect the pricing of certain commodities . Beyond that the book explores how capital and capitalism do not service any purpose other than to gain more of it, which Marx presents as an illogical method of living one s life. External links http www.marxists.org archive marx works 1847 wage labour index.htm Online Text of this book http librivox.org wage labour and capital by marx karl Free audiobook of Wage Labour and Capital from LibriVox Marx Engels Category Books by Karl Marx de Lohnarbeit und Kapital fr Travail salari et Capital it Lavoro salariato e capitale pt Trabalho Assalariado e Capital sv L nearbete och kapital uk ... more details
Multiple issues orphan November 2009 unreferenced November 2009 Wage Payment Systems are the different methods adopted by organization s by which they Remuneration remunerating labour. There exist several systems of employee wage payment and incentive s, which can be classified under the following heads Different Methods Time Rate Systems Time Rate System Under this system, the worker is paid by the hour, day, week, or month. High Wage plan Under this plan a worker is paid a wage rate which is substantially higher than the rate prevailing in the area or in the industry. In return, he is expected to maintain a very high level of performance, both quantitative and qualitative. Measured day work According to this method the Hourly wage hourly rate of the time worker consists of two parts viz, fixed and variable. The fixed element is based on the nature of the job i.e. the rate for this part is fixed on the basis of job requirements. The variable portion varies for each worker depending upon his merit rating and the cost of living index . Differential time rate According to this method, different hourly rates are fixed for different levels of efficiency . Payment by Results Piece Work Straight piecework system The wages of the worker depend upon his output and rate of each unit of output it is in fact independent of the time taken by him. Differential piece work system This system provide for higher rewards to more efficient workers. For different levels of output below and above the standard, different piece rates are applicable. Taylor Differential Piece Work System Merrick Differential Piece Rate System Combination of Time and Piece Work Gantt task and bonus system the system consists of paying a worker on time basis if he does not attain the standard and on piece basis high rate if he does. Emerson s efficiency system Under this system minimum time wages are guaranteed. But beyond a certain efficiency level, bonus in addition to minimum day wages is given. Category Employment ... more details
Infobox film name Maximum Wage director Andrew Bancroft producer Andrew Bancroft br Kenny Taylor director Kenny Taylor writer Andrew Bancroft starring Andrew Bancroft br Kenny Taylor br Paco Romane br Cameron Cox br Kid Beyond music Kid Beyond br Andrew Bancroft cinematography Eric Schultz editing Eric Schultz released start date 2004 11 13 runtime 7 minutes country United States language English Maximum Wage is a short film music video about a disgruntled doughnut shop worker who wants to make maximum wage . It stars Andrew Bancroft who plays the role of the Jelly Donut. ref http www.imdb.com title tt1263691 Maximum Wage on IMDB.com ref ref http www.gelfmagazine.com archives jelly d takes it.php Interview with Jelly Donut ref Plot The video begins with Jelly Donut Andrew Bancroft and his co worker, Hinky Dink Kenny Taylor director Kenny Taylor , waiting for customers in an empty doughnut shop. A sugar daddy Kid Beyond , and two women come into the shop and begin ordering Jelly D around. Then his boss, Bob Paco Romane , enters the room and tells him to hurry up. This is too much for Jelly D, and he becomes enraged about his economic circumstance. He then raps about what it would be like to make maximum wage . ref http www.imdb.com video wab vi2669019161 Full video of Maximum Wage on IMDB.com ref Cast Andrew Bancroft as Jelly Donut Kenny Taylor director Kenny Taylor as Hinky Dink Paco Romane as Bob Cameron Cox as Donut Ho Kid Beyond as Sugar Daddy Andrew Barrett as Trucker Freda Banks as Donut Ho Guest appearances Andrew Chaikin AKA Kid Beyond made a guest appearance in the video ... on http www.atom.com funny videos maximum wage Atom Films . It premiered at the http www.peacheschrist.com ... Maximum Wage premiered at the San Francisco Underground Short Film Festival in 2004. Maximum Wage was also shown at the San Francisco International Film Festival in 2008. Controversy In 2007 ... 39176929 ref References Reflist External links imdb title 1263691 Maximum Wage http www.sf360.org ... more details
The Wage Stabilization Board WSB was an Independent agencies of the United States government independent ... incomes policy wage control policy recommendations and to implement such wage controls as were ..., the National Wage Stabilization Board , was the successor to the National War Labor Board , and existed from January 1, 1946, to February 24, 1947. The second, the Wage Stabilization Board , was a part .... National Wage Stabilization Board The first agency, known as the National Wage Stabilization Board ... Wage Stabilization Board, January 1, 1946 February 24, 1947... , p. 1. ref Executive order United States Executive Order 9809, issued on December 12, 1946, abolished the National Wage Stabilization ... Agencies. Associated Press. December 13, 1946. ref Wage Stabilization Board main Defense Production ... tied wage controls to prices. If any price ceiling was imposed, the government was required to issue ..., which established the Economic Stabilization Agency ESA to coordinate and supervise wage and price controls. Utilizing the wage and price control model developed in World War II, the Truman administration ... to regulate prices, while the Wage Stabilization Board WSB oversaw the creation of wage stabilization ..., p. 9 10. ref The Wage Stabilization Board was authorized to control wages only for hourly employees ... wage and price policies. Within ESA were three sub agencies ref Bureaucracy in Blossom, Time ... polices to the ESA, and implemented policies which ESA had approved. The Wage Stabilization Board , which recommended wage control policies to the ESA, and implemented policies which ESA had approved ... reconstituted the Wage Stabilization Board. Its members increased from nine to 18, and it was now given the power to issue recommendations and reports directly to the President in wage disputes. ref ... issued its first wage dispute resolution case. ref Wage Board Rules in First Dispute. New York ... Executive Order 10434, which effectively abolished the Wage Stabilization Board. ref Loftus, joseph ... more details
Infobox film name Faith, Fraud & Minimum Wage image Faith, Fraud & Minimum Wage.jpg caption Promotional poster for the film director George Mihalka producer Bev Bliss br Colin Neale writer Josh MacDonald starring Callum Keith Rennie br Martha MacIsaac br Ricky Mabe br Andrew Bush music cinematography Norayr Kasper editing Ga tan Huot distributor released Film date 2010 12 3 runtime country Film Canada language English budget gross Faith, Fraud & Minimum Wage is a 2010 comedy film adaption of Canada Canadian playwright Josh MacDonald Josh MacDonald s play Halo . The film is directed by George Mihalka , and stars Callum Keith Rennie and Martha MacIsaac . Plot A rebellious teenage girl wrestles with the true nature of miracle s when her father begins to believe in a Religion religious hoax which she has secretly created. Cast Callum Keith Rennie as Donald Martha MacIsaac as Casey Ricky Mabe as Jansen Andrew Bush as Father JJ External links IMDb title 1540404 Faith, Fraud & Minimum Wage Category 2010 films Category Canadian films Category English language films ru , ... more details
boom, and the money supply does not expand, that the price wage spiral would ... of cash in people s pockets would merely cause a falling off in sales. Wage and price rises ... more details
Wage Rudolf Supratman Wage Roedolf Soepratman in the old orthography or commonly known as W. R. Supratman Purworejo , 9 March 1903 &ndash Surabaya , 17 August 1938 was an Indonesia n songwriter who wrote both the lyrics and melody of the national anthem of Indonesia Indonesia Raya . Biography Supratman was born Wage on 9 March 1903 in Somongari, Purworejo. ref harvnb Sularto Yunarti 2010 p 171 ref Several months later, his father Sergeant Djoemeno Senen Sastrosoehardjo, KNIL army added Supratman to his name and explained that Supratman born in Meester Cornelis , Batavia . Rudolf was added to his name while he went along with his sister, Rukiyem Supratiyah van Eldik to Makassar , so his rights were equal to Dutch, and he was allowed to attend Europese Lagere School. ref harvnb Sularto Yunarti 2010 p 173 ref At the age of 6, he entered Budi Utomo elementary school in Cimahi. After his father retired, he was taken by Rukiyem and sent to ELS in 1914, ref harvnb Hutabarat 2001 p 3 ref but he was dropped out because the fact that he is not European descent was revealed. ref name hutabarat4 harvnb Hutabarat 2001 p 4 ref He continued his studies to Malay school. After returning home, he learned to play guitar and violin. His brother in law, van Eldik, gave him a violin as seventeenth birthday present in 1920. After graduating from Malay school in 1917, he attended Dutch language courses and graduated in 1919. ref name hutabarat4 He continued to Normaal School and became an auxiliary teacher ... Great Indonesia , composed by Wage Rudolf Supratman ref The text was revised in November 1944, and the melody ... title Wage Rudolf Soepratman Meluruskan Sejarah dan Riwayat Hidup Pencipta Lagu Kebangsaan Republik ... Supratman, Wage Rudolf ALTERNATIVE NAMES SHORT DESCRIPTION DATE OF BIRTH 9 March 1903 PLACE OF BIRTH Jatinegara DATE OF DEATH 17 August 1938 PLACE OF DEATH Surabaya DEFAULTSORT Supratman, Wage Rudolf ... missing de Wage Rudolf Soepratman id Wage Rudolf Soepratman jv Wage Rudolf Soepratman ms Wage Rudolf ... more details
The wage fund doctrine is an expression that comes from early economics economic theory that seeks to show that the amount of money a worker earns in wages, paid to them from a fixed amount of funds available to employers each year Capital economics capital , is determined by the relationship of wages and capital to any changes in population. In the words of J. R. McCulloch , ref Wages in Encyclop dia Britannica 4th edn 1823 ref Cquote wages depend at any particular moment on the magnitude of the Fund or Capital appropriated to the payment of wages compared with the number of laborers... Laborers are everywhere the divisor, capital the dividend. The economists who first stated this relationship assumed that the amount of capital available in a given year to pay wages was an unchanging amount. So they thought that as the population changed so too would the wages of workers. If the population increased, but the amount of money available to pay as wages stayed the same, the results might be all ... thought. This is because capital in a given year is not necessarily a fixed amount. The Wage fund doctrine model would be seen as less important in economic theory than later ones. Model math Wage frac Capital Population math In essence, wage fund doctrine states that workers wages are determined ... year to year, but only as a result of reinvesting the prior year s savings. The wage fund, therefore ... is the endogenous variable affecting wages. As the working population changes, the available wage moves in the opposite direction. Additionally, because capital is fixed, the whole of wage fund is distributed ... by the ratio existing between the wage fund and the number of laborers. Walker If one worker ... s Principles of Political Economy , published in 1848, provides the definitive treatment of Wage Fund Doctrine. Mill s solution to increasing the wage rate above subsistence level is to control the growth ..., Mill recants his support of the Wage Fund Doctrine due to recognition that capital is not necessarily ... more details
Infobox album See Wikipedia WikiProject Albums Name Life Stories for Minimum Wage Type Album Artist Cuff the Duke Cover Cufftheduke lifestories.jpg Released 2002 Recorded Unknown Genre indie rock alternative country Length 38 29 Label Hardwood Records Producer Steve Kreckle and Lorne Hounsell Last album This album Life Stories for Minimum Wage br 2002 Next album Cuff the Duke album Cuff the Duke br 2005 Album ratings rev1 Allmusic rev1score rating 3.5 5 ref Allmusic class album id r1502058 pure url yes Allmusic review ref Automatically generated by DASHBot The debut album from Cuff the Duke , titled Life Stories for Minimum Wage , was released in 2002 and recorded at Umbrella Sound and at The House of Miracles in Toronto . The album was re released in 2007 on Outside Music . ref http www.chartattack.com news 43048 wayne petti doing double duty these days Wayne Petti Doing Double Duty These Days . chartattack.com , February 23, 2007. ref Track listing Blackheart 4 55 Hey Baby 2 06 The Difference Between Us 2 58 Hobo Night Stalker 3 59 Long Winter 3 52 Lonely Path 2 07 Ballad of a Lonely Construction Worker 5 23 Anti Social 3 41 Head Smashed In Buffalo Jump 2 49 The Trouble and the Truth 6 39 Personnel Brad Fudge drums, percussion, artwork Paul Lowman bass, guitar, lap steel Wayne Petti lead vocals, guitar, harmonica Jeff Peers guitar, bells, Moog Opus III, Crumar Stratus, wind organ, Hammond organ Steve Kreckle producer, backing vocals, piano, Moog Opus III, guitar, percussion, lap steel Lorne Hounsell producer, engineer Andy Magoffin producer, engineer tracks 4 and 7 Joao Carvalho mastering References reflist Category 2002 debut albums Category Cuff the Duke albums ... more details
Notability date January 2009 Unreferenced date January 2009 The Wage of Sin was an United States American all female hardcore punk band from New York City . History The Wage of Sin was formed in Brooklyn in 2000 by Rachel Rosen on guitar formerly member of Indecision, Milhouse, SFA, Tapeworm, currently of Most Precious Blood . When Indecision had broken up in the summer of 2000 Rachel put out word that she was looking to start an all female hardcore band. Melissa Fornabaio vocals sent her an audition tape and the two decided to start auditioning other members. Vanessa Newsted drums, formerly of In Times of War , Blood Oath band Blood Oath , a fan of Indecision heard about the band from Dyami Bryant vocalist for Locked In A Vacancy, and tried out. The three automatically clicked, and were later briefly joined by Jennifer Christiansen on bass and Barbara Convertino on second guitar. The Wage of Sin accidentally released a secret 3 song practice demo on Napster , and a 4 song demo recorded at Fastlanes in Brooklyn, before releasing their first album The Product of Deceit and Loneliness on Immigrant ... took on responsibilities of two guitar players, and The Wage of Sin went on to do a full US tour ... , and The Judas Cradle. The Wage of Sin then released their second album A Mistaken Belief .... In 2004, The Wage of Sin released a music video for Severed directed by Joshua Katcher, which was played ... of A Mistaken Belief In Forever released on Beniihana Records in 2004. The Wage of Sin toured Europe ... 2005 The Wage of Sin played their final shows in Lexington KY and then at ABC No Rio in NYC. Official statement from the band here br blockquote After 4 frac 1 2 years of being in The Wage of Sin, I ... this has left us with very little time to dedicate to The Wage of Sin. We have so many amazing, dedicated ... Nick Gambacorta. External links http www.myspace.com thewageofsin http www.last.fm music The Wage of Sin DEFAULTSORT Wage Of Sin, The Category American hardcore punk musical groups ... more details
Security Wage Base is 106,800. In October 2010, the Social Security Administration announced ref name ... 10 25 ref that the wage base would remain unchanged for 2011. Since 2000, the SSWB has been class wikitable width 100 Year width 100 Wage Base width 100 Increase width 200 Maximum Social Security ... OACT COLA cbb.html here for a complete historical list of the Social Security Wage Base. Employee ... and the Social Security Wage Base were not changed by this act only the employee s tax rate changes ..., pension plans may integrate benefits or contributions according to a wage base, frequently at a fraction ... more details
The Wage Workers Party was a short lived split from the Socialist Party of Washington from 1909 1910. Organizational history Division had been mounting between the regular organization, controlled by Edwin J. Brown , and the left opposition centered around Hermon F. Titus Seattle Socialist . The rights were more electorally oriented while the lefts wanted to make the party a fighting organization , and tried to give aid to the Industrial Workers of the World IWW . The faction fight became more acrimonious as the two groups began expelling each other from local branches. The issue was framed in terms of what social group would control the party the rights were pictured as petty bourgeois and supported by intellectuals, skilled workers and better off farmers while the left was supposedly more proletarian and supported by lumber workers, city laborers and poor farmers. Titus also had supporters in California , Oregon , Idaho , and Montana . ref William Z. Foster, Pages from a Worker s Life. New York, International Publishers, 1936 pp. 31 32. ref The divisions within the group came to a head at the Socialist state convention in Everett, Washington Everett in early 1909. The lefts claimed that they had won a majority of delegates but that the rights had manipulated control of the party apparatus to give them a majority at the convention. Titus and his forces led a walk out and held their own convention, declaring themselves the true representatives of the Socialist Party of Washington . When the National Executive Committee of the Socialist Party of America Socialist Part y came down in favor of the regular group, the Titus forces were in an anomalous situation. After flirting with the idea of going into the Socialist Labor Party of America Socialist Labor Party , the Titus led Socialist Party of Washington became the Wage Workers Party on February 25, 1910. ref Foster, Pages .... It produced one issue of a newspaper, The Wage Worker . Titus supporters in Oregon and California were ... more details
The average wage is a measure for the financial well being of a country s inhabitants. A similar measure is GDP per capita . However, GDP on the income side compensation of employees gross operating surplus mixed income taxes on production subsidies. This way, various components increase the GDP that are not directly contributing to the well being of citizens. In particular, the gross operating surplus consists of corporate profits, which is money that companies save, reinvest, or pay to their shareholders in the form of dividends who may be located outside the country . Even in the case of reinvestment, much of the money moves offshore, especially with larger multi national companies. In order to measure the part of the income generated by the domestic economy that is actually earned by the employees, it is better to break down the GDP to its components and consider only wages and salaries . Methodology The data presented represents full time average annual gross wages and salaries in the entire economy of selected Organisation for Economic Co operation and Development Organisation for Economic Co operation and Development OECD member countries. The figure is derived by taking the national accounts aggregate of wages and salaries, dividing them by the national accounts aggregate for average wage and salary employment, and multiplying it by the ratio of average weekly working hours ... correspond to average annual wages per full time equivalent dependent employee. ref name wage estimates ... coverage of NA wages. ref name wage estimates Average disposable wage of OECD members Unlike the gross economics gross wage, which can be an inaccurate indicator of the well being of a citizen since ..., the disposable wage excludes compulsory deductions such as income tax , municipal tax, provincial ... assuming that the citizen is single with no children, with an income level 100 of the average wage ... br 2010 ref Gross wage Compulsory deduction. ref Disposable br growth ref Disposable income in 2010 ... more details
Politics of Italy A referendum on abolishing the wage escalator was held in Italy on 9 June 1985. ref name NS Dieter Nohlen Nohlen, D & St ver, P 2010 Elections in Europe A data handbook , p1048 ISBN 9783832956097 ref The escalator allowed for the automatic growth of the salaries of Italian workers at the same rate as inflation . This mechanism was accused of causing high inflation which damaged the Italian lira lira during the 1980s, with a 20 annual rate. Voters were asked whether they wanted to repeal a law passed by the government of socialist Prime Minister of Italy Prime Minister Bettino Craxi which had strongly reduced this automatic mechanisms. The referendum was called by the Italian Communist Party . Those voting yes wanted to restore the automatic growth of the salaries as the inflation ratio, and those voting no wanted to retain the law which tried to reduce the high inflation. The referendum was defeated by margin of 54.3 to 45.7 on a voter turnout of 77.9 out of 45 million eligible Italian electors, thus allowing the law to remain in force. Political party positions Signatures and petitions for the referendum were collected by the Italian Communist Party . It found the support of the Proletarian Democracy and the Federation of the Greens on the left side, but also of the Italian Social Movement on the opposite faction. Between the opposition to the referendum, the Italian Socialist Party found the support of all its allies, mainly the big Italian Christian Democracy Christian Democracy . Results class wikitable style text align right Choice Votes align left For repealing the law 15,460,855 45.7 align left Against repealing the law 18,384,788 54.3 align left Invalid blank votes 1,113,761 align left Total 34,959,404 100 align left Registered voters turnout 44,904,290 77.9 align left colspan 3 Source Nohlen & St ver The referendum was considered a major victory for the Italian Socialist Party and its leader Bettino Craxi , but it caused a dramatic split into the Italian ... more details
Infobox short story name Riders of the Purple Wage image file Rotpw.jpg 200px caption Tor, 1992 first printing author Philip Jos Farmer country language English language English series genre Science fiction published in Dangerous Visions publication type anthology publisher Doubleday publisher Doubleday media type Print Hardcover pub date 1967 Riders of the Purple Wage is a science fiction novella by Philip Jos Farmer . It appeared in Dangerous Visions , the famous New Wave science fiction New Wave science fiction anthology compiled by Harlan Ellison , in 1967, and won the Hugo Award for best novella in 1968, jointly with Weyr Search by Anne McCaffrey . Title The title of the story is a take off on Riders of the Purple Sage , a Western by the American author Zane Grey . Plot introduction Riders of the Purple Wage is an extrapolation of today s tendency towards state supervision and consumer oriented economic planning. In the story, all citizens receive a salary the purple wage from the government, to which everyone is entitled just by being born. The population is self segregated into relatively small communities, with a controlled environment, and keeps in contact with the rest of the world through the Fido , a combination television and videophone . The typical dwelling is an egg shaped house, outside of which is a realistic simulation of an open environment with sky, sun and moon. In reality each community is on one level of a multi level arcology . For those who dislike this lifestyle, there are wildlife reserve s where they can join tribes of Native Americans in the United States Native Americans and like minded Anglos, living closer to nature for a while. Some choose this lifestyle permanently. Art and art appreciation are prominently displayed in this society artists receive press coverage comparable to that of today s movie stars. Hardly less glamorous are the art ... so than the average recipient of the purple wage . The resentment which this caused motivated the gummint ... more details
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