Minimum Wage in the United States and Japan: Difference between revisions

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=United States's vs Japan's Minimum Wage=
=United States's vs Japan's Minimum Wage=
==United State's/Japan's Advantages==
==United State's/Japan's Advantages==
=United States=
===United States===
Raise wages of millions of workers
*Benefits for working families
 
*Benefits for disadvantaged workers
*Help reserve the trend of declining real wages for workers
*Strategy to end poverty
*Low public and social costs
===Japan===
==United State's/Japan's Disadvantages==
==United State's/Japan's Disadvantages==
===United States===
*Attraction of immigrants
*Reduce of Labor hours and/or employment
*Reduce Profits
*Raise prices 
===Japan===

Revision as of 23:06, 16 November 2006

History of Minimum Wage

United States

Japan

Minimum Wage Definition

United States

Japan

Minimum Wage Differences

United States

Whom does minimum wage apply? http://www.nolo.com/article.cfm/pg/2/objectId/244AD836-D9F5-49AE-813B0478FF97298B/catId/A6167778-4246-4156-A6277BB2DF1CE4C4/111/259/232/ART/

Japan

Whom does minimum wage apply?

United States and Japan Enforcement Laws

United States

Who regulates?
  • Department of Labor's Wage and Hour Division
What is regulated?
  • Minimum Wage
  • Overtime
  • Child Labor Standards
  • Record Keeping
How are regulations maintained?
  • Submitting of Records
Consequences
  • Fines not exceeding $10,000 per violation

Japan

Who regulates?
  • Ministry of Labour (Korosho)
What is regulated?
  • Same as United States
How are regulations maintained?
  • Inspections in Demember and Springtime
  • Submitting Records
Consequences
  • Fine not exceeding 10,000 yen

United States's vs Japan's Minimum Wage

United State's/Japan's Advantages

United States

  • Benefits for working families
  • Benefits for disadvantaged workers
  • Help reserve the trend of declining real wages for workers
  • Strategy to end poverty
  • Low public and social costs

Japan

United State's/Japan's Disadvantages

United States

  • Attraction of immigrants
  • Reduce of Labor hours and/or employment
  • Reduce Profits
  • Raise prices

Japan