What is the difference between a minimum wage job and a living wage job?

The difference between a minimum wage job and a living wage job in Louisiana is significant. Minimum wage is the lowest legal wage an employer can pay employees and is set by the federal government. In Louisiana, the current federal minimum wage is $7.25 per hour. A living wage job, however, pays employees enough to cover basic expenses such as housing, transportation, food, and medical care. Living wage is not set by the government and is typically higher than the minimum wage. Minimum wage was established to ensure that employees are guaranteed a wage that is adequate to cover basic needs. However, the federal minimum wage often does not do this. In Louisiana, the Living Wage Calculator estimates that in order to support two adults and one child, the wage needed is $19.90 per hour or $41,400 per year. This is more than double the minimum wage in the state. Furthermore, employers are not obligated to pay employees a living wage. This means that those who work in minimum wage jobs often struggle to make ends meet. They may have to work multiple jobs, find work that pays more, or rely on public assistance to cover their basic needs. In conclusion, the difference between minimum wage and living wage in Louisiana is stark. The minimum wage may provide employees with an income, but it often does not cover their basic expenses. Living wage jobs may be difficult to find, but they provide employees with enough money to cover their basic needs.

Related FAQs

Are employers allowed to pay tipped employees less than minimum wage?
What is the difference between a minimum wage job and a living wage job?
What is the employee right to minimum wage?
Are employers allowed to pay employees differently based on their experience?
What provisions does the FLSA provide for overtime pay?
What is wage and hour law?
What are the rules for paying overtime?
What is the minimum wage in my state?
Are employers allowed to pay employees differently based on their education level?
What is the difference between paid and unpaid leave?

What is the difference between a minimum wage job and a living wage job?

Related FAQs

Related Blog Posts