MGMT 3385 SMU Case Exercise The Minimum Wage Debate

“A $15 minimum wage is not a radical idea,” said Democratic Sen. Bernie Sanders on Twitter recently. “What’s radical is the fact that millions of Americans are forced to work for starvation wages, while 650 billionaires became over $1 trillion richer during a global pandemic. Yes. We must raise the minimum wage to a living wage.”

There are few arguments in HR more polarizing than raising the minimum wage yet we continue to find ourselves at this juncture.

Here is an example of the long running debate: https://www.youtube.com/watch?v=RPwqBsc4Ffo

Please answer the following questions:

Which ‘side’ of this debate of raising the minimum wage do you adhere? Defend your viewpoint.What would you advise senior HR managers in organizations that are concerned about how raising the wage might result in losses?What is your counsel to an employee who is struggling financially because they are being paid the minimum wage?Is there a ‘happy medium’ to this debate?

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