Should The Minimum Wage Be Beneficial - 2775 Words

Crazy Wage Mike Durant once said, â€Å"Making it more expensive to create new jobs is a perfect way to guarantee fewer of them.† The recent, â€Å"Raise the Wage† campaigns have sparked an interest in many low-wage workers. However, those who support this initiative are unaware of the economic problems that will arise if this is successful. Several cities have already raised their minimum wages and some, like Seattle, are raising it as high as $15 per hour. Currently, supporters of this campaign argue that the government should implement this increase federally. However, doing so will have broad and adverse financial implications. Ever since the Great Depression, the minimum wage has been in effect — to reduce poverty and solidify that†¦show more content†¦Throughout the past several years, with the advocacy of many adherents, the idea that the government needs to increase the federal minimum wage to $15 has developed. As a result of the Great Depressio n, in 1938, the federal minimum wage was put into effect as a part of the Fair Labor Standards Act. The government established the federal minimum wage to ensure that employers were not underpaying their employees, and many states also have set other varying minimum wages as well based on the cost of living in those particular areas. According to the US Department of Labor, Wage and Hour Division, â€Å"The federal minimum wage ranged from a low of $3.09 in 1948 to a high of $8.67 an hour in 1968† (Pye, â€Å"No we shouldn’t raise the minimum wage†). Also, according to the US Department of Labor, Wage and Hour Division, â€Å"The historical average minimum wage was $6.60† (Pye, â€Å"No we shouldn’t raise the minimum wage†). Many supporters of raising the minimum wage want to increase our current federal minimum wage of $7.25 per hour to $15 per hour, which is more than double the average, more than twice the current, and almost twice as muc h as the all-time high minimum wage. James Sherk, Senior Policy Analyst in Labor Economics, concluded the following from his research: â€Å"Congress typically raises the minimum wage only

The Issues Affecting Human Rights - 759 Words

Q1 Introduction The introduction will contain the definition of concepts used. There will be a discussion here on the situation of natural disasters in international human rights law. This section will conclude with an outline of the following sections. Issue The issues affecting human rights will be highlighted. These include: †¢ Sub-standard led to poor people being more affected by the earthquake than rich people; †¢ The lack of security in the camps have led to sexual assault; †¢ The camps are now using land illegally, and landowners are unable to fully enjoy their property; †¢ The landowners are being defamed; †¢ IDPs are being forcefully evicted without any legal recourse; †¢ The alternative IDP camps have poor infrastructure and will risk access to food, security, transportation, and media; †¢ Landowners’ property is being damaged; †¢ Protestors are being injured and killed by state forces; †¢ There are long waiting lists for social housing. Rule There will be a discussion on the responsibility of the state to protect IDPs (UDHR preamble, Article 2(1) ICCPR, Article 2 CRC). There will be a discussion of jurisdiction and limitations. From then on, the essay will look at specific human rights in detail, addressing in each case the legal sources of the law, and the scope of the right. The Right to an Adequate Standard of Living. (Article 25(1) UDHR, Article 11 ICESCR, Article 17 ICCPR, Article 14 (2) and 15 (2) CEDAW, and General Comments). There will be a discussion on howShow MoreRelatedSex Trafficking Is A Huge Global Health And Human Rights Issue Affecting Roughly 152 Countries Around The World1437 Words   |  6 PagesBy the time you finish reading this paper nearly 23 children around the world will be victims of sex trafficking. Sex trafficking is a huge global health and human rights issue affecting roughly 152 countries around the world (Greenbaum Crawford-Jakubiak, 2015). The United Nations describes sex trafficking as â€Å"the recruitment, transportation, transfer, harboring, or receipt of persons, by means of the threat or use of force or other forms of coercion, of abduction, of fraud, of deception, of theRead MoreWhat is Wrong with Out Penal System817 Words   |  3 Pagesdefinitions. To begin with, the word prison reform is defined as the attempt to improve conditions inside prisons, aiming at a more effective penal system. In addition to that, the term not justified is defined as something that is n ot shown to be right or reasonable. The highest value within today’s round is efficiency and it is defined as performing or functioning in the best possible way with the least waste of time and effort. Efficiency is most important in today’s round because it shows howRead MoreCriminal Justice Trends Evaluation1581 Words   |  7 PagesTrends Evaluation The criminal justice system is forever adjusting to protect and serve a changing society. The paper evaluates, identifies and assesses recent future and current trends affecting the criminal justice system. Lastly, it defines the values of the system in a changing society. Recent trends affecting the criminal justice system are related to gender and racial barriers. According to Roslyn Muraskin and Albert R. Roberts (2009 ), assessments of statuses of women and minorities in policeRead MoreHuman Resource Management Is The Body Of Knowledge And A Set Of Practices1336 Words   |  6 PagesWhat is it? Human Resource Management is the body of knowledge and a set of practices that define the nature of work and regulate the employment relationship. HRM is the function within an organization that focuses on recruitment, management and providing direction for the people who work in the organization with the selection of employee, providing proper orientation and induction, providing proper training and the developing skills, assessment of employee (performance of appraisal), providingRead MoreWe Can Not Succeed When Half Of Us Are Held Back879 Words   |  4 Pagesdefine Globalization as the tendency to reach a world dimension or surpass national borders. In either case, the globalization has evolved thought the last 50 years and it has positives and negatives effects reflected on economy, environment and human rights. A Globalized Economy opens frontiers and generates free competition, sometimes uneven, between markets. Usually, China, USA, Germany and UK among others lead this global trade nevertheless, increasing productivity, infrastructure and governmentRead MoreHuman Trafficking- The Escalating Global Violation of Human Rights1355 Words   |  6 PagesHuman Trafficking- The Escalating Global Violation of Human Rights Human Trafficking is a serious Global matter that violates a multitude of the Human Rights articles outline in The Universal Declarations of Human Rights. Thousands of individuals are subjects of Human Trafficking every year; the perpetrators of this crime do not discriminate, targeting men, women, the young and the old all over the world. Human Trafficking is indeed a Global issue, occurring in nearly every country on the planetRead More Challenges of a Global Business Essay1176 Words   |  5 Pageson not knowing about it or on the subcontractor or supplier. It is inevitable to avoid ethical issues when conducting global business. This is mainly because of differentiation of foreign laws, regulations, and policies. Among those there are also culture and language barriers that contribute to the origin of ethical dilemmas. More than anything cultures is one of the primary reason for why ethical issues come up amongst all others. Globalization is criticized for its practice of unethicalRead MoreEast Asian Films And Its Impact On The Middle Asian Cultures1076 Words   |  5 Pagesand sweeping generalizations of the politics in Asia and Africa. A global leader loves and respects all people and is passionate about doing so. Global leaders look beyond their own community and educate themselves on the obstacles of well being affecting the world as a whole. This experience will allow me to teach political science with a broader perspective. I want to teach my students to be global leaders, but first I have to become one myself. The dynamic connections between South Korea, JapanRead MoreGlobal Warming And Climate Change1256 Words   |  6 Pagesgreenhouse gases) are also higher than any records found in ice cores (Cunningham and Cunningham, 2013) . Global warming is an issue because it can cause things such as; a rise in sea levels potentially drowning cities or even islands and countries as well as melt ice caps in the polar regions affecting animal life there, average temperatures will be higher therefore affecting things like precipitation that is crucial to crop production, and there will be more droughts and heat waves, while hurricanes

Increasingly Expensive Healthcare

Question: Discuss about theIncreasingly Expensive Healthcare. Answer: Introduction Healthcare essentially refers to the whole process concerned about improving the health of human beings through diagnosing, treating as well as managing diseases, often delivered by health professionals. Despite the value of healthcare, it is paradoxical that it is becoming increasingly expensive such that few people can afford it. For instance, in the U.S, approximately 18% of the gross domestic product was channeled towards healthcare services in 2012 (Berry, 2011). The spending has consistently risen through the years. In the first quarter of 2014, it is estimated that healthcare spending rose by 9.9 percent (Berry, 2011). This essay will focus on discussing some of the reasons leading to rising healthcare costs including the prevalence of chronic diseases/ageing population and high premiums administered by health insurance companies. It will as well suggest solutions that can counters the rising healthcare cots including the universal health care plan and education. Causes of Increasingly Expensive Healthcare One of the reasons that have led to the increasingly expensive healthcare is the healthcare insurance plans (Aldhous Giles, 2009). It is apparent that most health insurance plans are offering healthcare plans that charge hefty premiums to its consumers. Regardless of their expensiveness, these premiums are exclusive of co-pays and deductibles. The high premiums have made it hard for most individuals to even seek preventative care. The second reason why the healthcare is increasingly becoming expensive is the prevalence of chronic illnesses including diabetes and obesity. Apparently, the upsurge of chronic diseases across the world is alarming. In the U.S for example, obesity and diabetes have become the major concerns of the nation. Over the years, child and adult obesity have consistently increased mainly due to the bad lifestyles. The rate of obesity in America back in 2008 was 32.2 percent for male adults and 35.5 percent for female adults (Johnson, Chumlea, Czerwinski, Demerath, 2011). The increased prevalence of chronic diseases results in heavy government expenditure in efforts to combat the menace. Solutions Regardless of the increasingly expensive healthcare, there are possible solutios to this menace. The solutions include education as well as establishment of universal healthcare plan(Relman, 2007). The government in partnership with healthcare system should come up with educations programs aimed at teaching the public regarding the link between lifestyles and diseases. These programs will make the public become aware that some lifestyles contribute to the development of some chronic disease like obesity and diabetes thus improve their lifestyles to avoid them. Universal healthcare plan can be an effective solution to increasingly expensive healthcare ( Kaestner, Lo, Helmchen, Blank, Valdmanis, 2007). The government can enact laws that abolish deductibles or cap the maximum premiums that healthcare insurance companies put on their consumers. Evaluation of Solutions Upon assessing the solutions above, universal healthcare plans is the most effective method to cap increasingly expensive healthcare (Relman, 2007). It is evident that insurance companies have had a lot of to increase their premiums each and every time without moderations. These increased premiums are the major contributors to ever increasing costs of healthcare. As such, by rolling out universal healthcare plans, the government will cut down the cots caused by healthcare insurance companies (Relman, 2007). Conclusion In conclusion, it is clear that healthcare has become expensive over the years. High insurance premiums and the upsurge of chronic illness are the main reasons to this trend. However, administering universal healthcare plans and educations programs are the possible solutions to expensive healthcare. References Aldhous,P., Giles,J. (2009). Insight: why expensive US healthcare is not world-beating. New Scientist, 203(2719), 7. doi:10.1016/s0262-4079(09)61994-1 Berry,D.J. (2011). Drivers Of High US Health Care Costs. Health Affairs, 30(12), 2457-2457. doi:10.1377/hlthaff.2011.1193 Johnson,W., Chumlea,W.C., Czerwinski,S.A., Demerath,E.W. (2011). Concordance of the Recently Published Body Adiposity Index With Measured Body Fat Percent in European-American Adults. Obesity, 20(4), 900-903. doi:10.1038/oby.2011.346 Kaestner,R., Lo,S.A., Helmchen,L., Blank,J.L., Valdmanis,V.G. (2007). Evaluating hospital policy and performance: Contributions from hospital policy and productivity research. Bingley, U.K: Emerald. Relman,A.S. (2007). A second opinion: Rescuing America's healthcare : a plan for universal coverage serving patients over profit. New York: PublicAffairs.

Risk Management and Its Types

Introduction Risk management refers to the process of identifying, assessing, and prioritizing risks, as well as consequent application of measures to monitor, minimize, and control their effects (Frame 53).Advertising We will write a custom essay sample on Risk Management and Its Types specifically for you for only $16.05 $11/page Learn More Risks emanate from several occurrences such as financial uncertainties, project failures, legal liabilities, credit difficulties, accidents, and other unpredictable events. Risk management standards apply avoidance of risks by organizations. Methods, goals, and definitions of risk standards depend on field of application. Types of risks include social risks, operational risks, financial risks, credit risks, currency risks, quantitative risks, market risks, and project risks (Frenkel and Rudolf 26). Types of risk management differ based on an organization’s goals, objectives, and operations. Risk management pl ays a vital role in promoting organizational growth and success. Operational risks Operational risks refer to risks encountered by organizations owing loses experienced from execution of internal activities. Operational risk management focuses on mitigating risks incurred due to operations executed by organizational systems and people. Operational risks include fraud, physical risks, and legal risks (Hutter and Power 33). Basel II regulations define operational risk as probability of an organization’s exposure to failures in operations, systems, or people due to certain events external to an organization (Frenkel and Rudolf 36). The difference between operational risk management and other types of risk management is that operational risk management does not earn profits for organizations. Organizations are aware that people, systems, and organizational processes are prone to errors that expose them to losses.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The degree of losses that an organization is willing and ready to handle determines its ability to manage operational risk (Hutter and Power 34). Types of operational risks include employee errors, system failures, fraud, criminal activity, and natural disasters such as floods and fire (Hutter and Power 35). Internal processes such as employee training, staff development, media communication, stakeholder management, and product or service development are common sources of operational risks (Hopkin 31). Other examples include employment practices, execution and process management, workplace safety, and business practices (Khatta 34). Operational risk arises from failures or weaknesses in these processes (Frenkel and Rudolf 29). For example, if employee training does not give desired results or stakeholder management does not meet goals and objectives, operational risks arise. Attributes of operational risks in clude emotional effects, financial loses, increased costs, reduced productivity, reduced effectiveness and efficiency, and poor results. Social risk Social risk refers to risks encountered due to factors such as age, gender, religion, culture, and race (Khatta 39). Social risk management refers to a framework that focuses on preventing people from effects of social risks by presenting protective and coping strategies.Advertising We will write a custom essay sample on Risk Management and Its Types specifically for you for only $16.05 $11/page Learn More According to research, poor people are the most vulnerable to effects of social risks (Hopkin 44). Several classes of factors expose individuals to social risks. Examples include health, life cycle, economic situation, environmental aspects, as well as administrative and political factors (Khatta 42). Health risks expose individuals to injuries, disabilities, and illnesses. In extreme cases, people are ex posed to pandemics that have severe effects. Life cycle is associated with birth, age, and death. Economic situation determines availability of employment opportunities to individuals. Discrimination is one of the risks experienced under administrative and political factors. Discrimination leads to politically induced malpractices such as denial of social privileges such as human rights and freedom (Schutt 82). Discrimination is also associated with religion and race. Attributes of social risks include lack of cohesion in communities, racial and social segregation, religious intolerance, and division of people into socio-economic groups (Khatta 53). Gender is another common aspect of social risk. Researchers from the University of Amsterdam and Columbia Business School found out that women take fewer risks than men (Hopkin 54). In comparison, women perceive risks to be higher in the financial and ethical areas but lower in the social arena. Women take more social risks than men, whi le men take more financial risks than women.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Social risks that women take include advancing careers at advanced ages and giving their opinions regarding religion or gender equality at meetings and in public (Hopkin 55). Men and women behave differently when faced with social risks. This difference in behavior is attributed to varying perception of social risk (Schutt 89). Each gender perceives risk as less or more risky depending on length of exposure. Conclusion Risk refers to probability that a certain activity will lead to a certain loss. On the other hand, risk management refers to the process of identifying, assessing, and prioritizing risks, as well as consequent application of measures to monitor, minimize, and control effects. Risks emanate from several occurrences such as financial uncertainties, failure of projects, legal liabilities, credit difficulties, accidents, and other unpredictable events. Two common types of risks include social risk and operational risk. Operational risk is associated with risks encountered by organizations owing to execution of internal activities. It focuses on risks incurred due to operations executed by organizational systems and people. Social risk refers to risk associated with religion, gender, race, place of origin, age, and socioeconomic class. Works Cited Frame, James. Managing Risk in Organizations: A Guide for Managers. New York: John Wiley Sons, 2009. Print. Frenkel, Michael, and Rudolf Markus. Risk Management: Challenge and Opportunity. New Opportunity: Springer, 2007. Print. Hutter, Bridget, and Power Michael. Organizational encounters with Risk. London: Cambridge University Press, 2005. Print. Hopkin, Paul. Fundamentals of Risk Management: Understanding, Evaluating, and  Implementing Effective Risk Management. New York: Kogan page Publisher, 2012. Print. Khatta, Robert. Risk Management. New York: Global India Publications, 2001. Print. Schutt, Harold. Risk Management: Concepts and Guidance. New York: DIANE Publishing, 2003. Print. This essay on Risk Management and Its Types was written and submitted by user John Webb to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.