scholarly journals REVALUATION OF MINIMUM WAGES IN MEXICO AND ITS FINANCIAL IMPACT ON ORGANIZATIONS AND PRIMARILY ON SMEs

Author(s):  
José G. Vargas-Hernández ◽  
Rafael Casas-Cardenaz ◽  
Rebeca Almanza Gutiérrez

The development of this work is aimed at emphasizing the devaluation suffered by the general minimum wage in Mexico, highlighting the need for its revaluation as a response to the economic marginalization of vulnerable sectors and regions with greater lag in the country, as well as a to stop the deterioration of the wage-earners' living standards mainly, taking into account the demands of nations with respect to the new Agreement between the United States, Mexico and Canada (USMCA). However, its recovery must be planned through a gradual process that allows the progressive adaptation with respect to its economic impact. For this, a qualitative and quantitative analysis was carried out, describing its deterioration, the loss of purchasing power, proposing a restitution scheme in a period of six years to avoid affecting financially organizations and SMEs mainly. Keywords: National index of consumer prices, inflation, purchasing power, SMEs and minimum wage. JEL: E21, E24, E31.

Revista Labor ◽  
2019 ◽  
Vol 1 (20) ◽  
pp. 115
Author(s):  
José G. Vargas-Hernández ◽  
Rafael Casas Cárdenaz ◽  
Rebeca Almanza Jiménez

The development of this work is aimed at emphasizing the devaluation suffered by the general minimum wage in Mexico, highlighting the need for its revaluation as a response to the economic marginalization of vulnerable sectors and regions with greater lag in the country, as well as a to stop the deterioration of the wage-earners' living standards mainly, taking into account the demands of nations with respect to the new Agreement between the United States, Mexico and Canada (USMCA). However, its recovery must be planned through a gradual process that allows the progressive adaptation with respect to its economic impact. For this, a qualitative and quantitative analysis was carried out, describing its deterioration, the loss of purchasing power, proposing a restitution scheme in a period of six years to avoid affecting financially organizations and SMEs mainly. 


2021 ◽  
pp. 41-43
Author(s):  
Kshama Mumbai

“The Lawrence Textile Strike, also known as the Bread and Roses Strike”, prompted the first minimum wage law in the United States in 1912. Various states followed suit over the next two decades, and in 1938, at the height of the Great Depression, Congress passed the Fair Labor Standards Act, which created a federal minimum wage (FLSA).The basic incentive behind the introduction of the Act was to reduce income inequality.A rise in minimum wage acts as a form of relocation of wealth from higher-income people to lower-income people. In principle, Congress amends the FLSA on a regular basis to raise the federal minimum wage to levels necessary for even the lowest-paying workforces in the economy.It also aims to help low-wage workers benefit from overall economywide advances in living standards. However, this has historically not always been the case. In 1968, The Poor People’s 1 Campaign started because of not raising the minimum wage to sufficient levels . The explicit purpose of the federal minimum wage is to help increase consumer purchasing power which stimulates the economy and to keep America's workforces out of poverty.However,the law failed to include the automatic cost of living adjustments and led to inflation eroding the real value of the minimum wage over time. There is a dire need for legislative action to raise the nation’s wage floor, more so than ever during the COVID-19 pandemic.Unless consumer's purchasing power is increased,it will be difficult to come out of this recession.Further,the minimum wage is a direct concern for poverty levels and gender / racial inequality.This paper aims to analyze previous work on the issue and provide further recommendations for the same.


2017 ◽  
Vol 14 (1) ◽  
pp. 124-143 ◽  
Author(s):  
Joseph Kern

Abstract The present study analyzes the use of quotatives in Spanish among twenty-four Spanish-English bilinguals from Southern Arizona and assesses the possible influence of English contact in their use. Cameron (1998) defines the envelope of variation of quotatives in Spanish as verbs of direct report, bare-noun phrases, and null quotatives. This study identifies a fourth strategy of quotative discourse markers. A detailed qualitative and quantitative analysis of the linguistic conditioning of these four strategies of direct quotation according to content of the quote and grammatical person points to the fact that quotative discourse markers appear to be conditioned differently than the other three strategies, but contact with English does not play a decisive role in their use. These results contribute to our knowledge of Spanish in the United States and variation in quotative systems by expanding on Cameron’s (1998) study to explore the quotative system of the Spanish of the U.S. Southwest and adding an analysis of quotative discourse markers.


2008 ◽  
Vol 5 ◽  
Author(s):  
Amrita Chakrabarti Myers

This paper examines the gendered nature of slave resistance in the nineteenth-century United States and illustrates the ways in which both gender and race shaped the institution of slavery. This examination is based on a collection of ex-slave oral interviews which were gathered in the 1930s in the Slave Narrative Collection of the Federal Writer's Project of the Works Progress Administration. Qualitative and quantitative analysis of the data reveal that slave women defended their own needs as slaves and challenged the system itself. The analysis broadens the traditional definition of resistance," and illustrates the ways in which slave women carried out their day-to-day resistance to an oppressive system of servitude. Without women, slave resistance could not have been so throughly entwined into the fabric of everyday life as under slavery.


Author(s):  
Paolo FESTA ◽  
Tommaso CORA ◽  
Lucilla FAZIO

Is it possible to transform stone into a technological and innovative device? The meeting with one of the main stone transformers in Europe produced the intention of a disruptive operation that could affect the strategy of the whole company. A contagious singularity. By intertwining LEAN methodologies and the human-centric approach of design thinking, we mapped the value creation in the company activating a dialogue with the workers and the management, listening to people, asking for ambitions, discovering problems and the potential of production. This qualitative and quantitative analysis conducted with a multidisciplinary approach by designers, architects and marketing strategists allowed us to define a new method. We used it to design a platform that could let all the players express their potential to the maximum. This is how the group's research laboratory was born, with the aim of promoting the relationship between humans and stone through product innovation. With this goal, we coordinated the new team, developing technologies that would allow creating a more direct relationship between man and surface, making the stone reactive. The result was the first responsive kitchen ever.


2017 ◽  
Vol 2 (1) ◽  
pp. 46-63
Author(s):  
Raditee Sanusi Husin

Achievement of company goals, PT. Traktor Nusantara often faces problems, where from within and from outside the company. One of the problems that comes from within the company in relation to human resources is the level of work productivity of employees who are still far from expectation. This is allegedly caused by the level of employee education that has not been in accordance with the function of office, in addition to the competence of employees who have not been in accordance with the field of work. This study aims to determine the influence of education level and competence on employee productivity. The sample used is 22 employees. Data collection techniques with questionnaires, documentation and observation. Data analysis with qualitative and quantitative analysis methods with the help of statistical tools SPSS application for linear regression model calculation. The results showed that the level of education has a positive influence on the productivity of employees of PT. Traktor Nusantara. The amount of influence of education level variable to productivity based on test of determination is equal to 38,1%. Competence influence on work productivity of employees of PT. Traktor Nusantara with contribution of 19.1%. The level of education and competence together have a positive influence and able to explain 38.2% of the changes in work productivity, while the remaining 4.7% sebesat is another variable outside the study.


Sign in / Sign up

Export Citation Format

Share Document