The True Effects Of A Living Wage - 1714 Words

MANT 250 An Essay Discussing the True Effects of a Living Wage Dylan Gallagher 8136645 Word Count: 1906 Introduction It has been 20 years since the first living wage was introduced in Baltimore, Maryland. Long has it been argued that profitable organizations should have to pay a living wage to its employees. A wage sufficient enough to allow the employee to have a high enough standard of living to adequately take care of their family. The gap between social statuses is increasing even more, and having a living wage in place will help to reduce this gap in society, enabling those at the lower end of the economic spectrum to enjoy more luxuries that they would not usually have access to. Some key discussion points that need to be addressed are; possible job losses, reduction of poverty level, the effect on crime, health care effects, reducing urban poverty, and the varying costs of living that occur depending in different geographic locations. In this essay I will be debating the thesis of â€Å"profitable organizations should be required to pay all their employees a living wage.† What is a Living Wage? According to the Collins English Dictionary a living wage is â€Å"a wage adequate to permit a wage earner to live and support a family in reasonable comfort†. The Treasury Report released by the New Zealand government states this wage to be $18.40 an hour. By their calculations this wage is what is required by a family of two adults and two children. The livingShow MoreRelatedThe Effect Of Minimum Wage Increase On Childrens Social And Economic Standings, Making It Popular With Women1569 Words   |  7 Pages Arguments for an Increase in the Minimum Wage One of the most obvious and anticipated effects of a minimum wage increase is the income increase especially for families on and below the poverty line. An approximated 16.5 million people stand to gain from added wages, and most families incomes would, in fact, rise above the federal poverty threshold (Congressional Budget Office). With so many families depending on the minimum wage to forge a livelihood, an increase would be a blessing in disguiseRead MoreMinimum Wage And The Cost Of Living Essay1518 Words   |  7 Pagesand when we can do it, with the complex of living in the United States which is supposed to be the land of the free. The cost of living now these days have put those who only make minimum wage in poverty stricken situations, which now they have no choice but to depend on the government to live. We either have to lower the cost of living so that people can live a somewhat sustainable life, or raise the minimum wage so that we can afford the cost of living that is provided to us. Somethings got toRead MoreRaising The Federal Minimum Wage969 Words   |  4 Pages At the heart of this plan was the idea that wages must be set and fair. â€Å"No business which depends for existence on paying less than living wages to its workers has any right to continue in this country.†(Roosevelt) This plan became the Fair Labor Standards Act, which set the Federal Minimum wage. Minimum wage has increased, slowly, over the years, but has not kept up with its intended purpose. Raising the federal minimum wage to a fair living wage level will improve the lives of the working poorRead MoreCritical Analysis : Why Education Is Not An Economic Panacea1145 Words   |  5 Pagespositively effect someones financial outcomes. Marsh intends to open peoples minds to addressing problems such as poverty that may be the reason for a lack of education rather than assuming that deficiencies in education are to blame for the problem. I believe that what Marsh is advocating is a â€Å"l iving wage† for people in jobs that do not require a degree and he thinks that doing so will solve the problems of economic inequality and poverty (Marsh p.6). Is it wrong to think that increasing wages for unskilledRead MoreThe Minimum Wage Should Be Increased976 Words   |  4 Pagesfederal minimum wage. The post may have a picture of a soldier, a disheveled EMT in the back of an ambulance, or a waving American flag with overlying text stating something to the effect of ‘â€Å"Burger flippers† think they should be paid as much as these minimum wages workers? No way!’ If my experience on social media is any indicator, the most popular posts always contain â€Å"burger flipper† or â€Å"baconator.† Posts like the ones described above make moral judgements about the minimum wage with little evidenceRead MoreThe Effects Of Minimum Wages On Employment, By Benjamin Sosnaud, And The Effects Of Minimum Wage Essay1507 Words   |  7 Pagestheir sma ll hourly wages. Some groups advocate for increased wages, but others oppose that idea because of the possibility of widespread job losses. Even though researchers have heavily analyzed the effects of a living wage in the past few years, experts claim that different kinds of studies are biased to support one viewpoint over the other. The articles â€Å"Living Wage Ordinances and Wages, Poverty, and Unemployment in US Cities,† by Benjamin Sosnaud, and â€Å"The Effects of Minimum Wages on Employment,†Read MoreFederal Minimum Wage Should Be Increased911 Words   |  4 Pagespeople’s minds is whether the federal minimum wage should be increased or not. The current U.S. minimum wage is $7.50 and this wage has not increased since 2009. Families with minimum income wages are suffering due to the fact that they cannot provide everyday needs for their families. This is the reason why many people are rioting. They are frustrated with the government’s nonch alant attitude towards the hard situations in which they are living in. A final decision must be made about thisRead MoreRaising The Federal Minimum Wage1225 Words   |  5 Pages Study shows that wage increases do lower poverty, by 2.4% if wage at $8.00, consistent with other studies. (Washington Post/ Arin Dube) 1. Raising the federal minimum wage doesn’t cause substantial unemployment as most economists agree, including over 600 economists who wrote a letter to Congress urging a wage increase, and the Economic Policy Institute. A. Identify shortcomings of the opposition (fallacies they make, or weaknesses in the evidence they use) 1. Arin Dube’s study would be great,Read MoreThe Minimum Wage Debate1637 Words   |  7 PagesThe minimum wage debate brings about a range of reactions from different people. There are those who believe that there shouldn’t even be a minimum wage and that wages should be determined by the markets. On the other hand, we have those who vigorously argue for increasing the wage minimum citing inflation, the poverty line and worker productivity. Regardless, we do have a federal minimum wage rate in the United States at $7.25 per hour, with some states having a higher minimum wage than the federalRead MoreThe Economic Impact of Raising the Minimum Wage1474 Words   |  6 Pagesit a national minimum wage. Echoes of that speech are still heard today. Senator Edward Kennedy (1989: S14707), in his criticism of the most recent increases in the minimum wage, declared: The minimum wage was, as it should be, a living wage, for working men and women ... who are attempting to provide for their families, feed and clothe their children, heat their homes, [and] pay their mortgages. The cost-of-living inflation adjustment since 1981 would put the minimum wage at $4.79 today, instead

Project Communications Plan Free Essays

Critical Thinking – Module 2 Project Management November 11, 2012 Project Communications Plan The three websites that I researched for this critical thinking assignment were: 1) Colorado. gov; 2) Dot. ca. We will write a custom essay sample on Project Communications Plan or any similar topic only for you Order Now gov and 3) interop. mt. gov. The topic that was most similarly discussed was the importance of implementing a communication plan both internally and externally in any type of project management. Colorado. ov noted that â€Å"28% of projects fail due to poor communications, that’s 1 out of 4 projects fail due to poor communications† (Jones, 2007). This site went on to speak about the top reasons projects fail includes poor communication, insufficient resource planning, unrealistic schedules and poor project requirements. The California Department of Transportation website noted that project communication includes general communication between team members but is more encompassing. It utilizes a Work Breakdown Structure (WBS) for a framework of communication that is customer and product focused with the end in mind, and it involves all levels of the organization† (Office of Project Management Process Improvement, 2007). This organization also believes that Project Communication is the responsibility of everyone on the project team. The Interoperability Governing Board for Montana’s communications planning first determines the information and communications needs of the stakeholders. This includes identifying who needs what information, when they should receive it, and how it will be provided. Identifying the information needs of the stakeholders and determining a suitable means of meeting those needs is an important factor for project success. â€Å"Actively managing stakeholders increases the likelihood that the project will not veer off track due to unresolved stakeholder issues, enhances the ability of persons to operate synergistically, and limits disruptions during the project† (Northrop Grumman Corporation, 2007). The main subject of all these sites I researched came down to the importance of effective communication, and stating that it is the most important ingredient for project success. Participation, understanding, and the ability to adapt the project – all of which require well? functioning communication ? are critical to the end result of the project. Build a Management-driven Communication Culture Internal communication planning is one of the most neglected areas of strategic planning. Most companies spend a great deal of money and effort on their external communication plan but fail to expend any energy toward creating an organized plan for internal communication (Roehler, 2007). Determining what should be communicated to staff, when it should be communicated, and how it should be communicated is often left up to the decision of individuals made when there seems to be a need. In other words internal communication strategies are developed, reactively, when there is a crisis or major event that clearly requires addressing communication issues. Where communication is planned out, it is often around upheavals like major corporate or organization change, layoffs and downsizing, and technological change. However, once the initiating focus has been eliminated communication tends to go back to an unorganized jumbled process (Bacal, 2008). It is a bit of a mystery why this occurs, but there is no question that strategic internal communication planning can be a proactive approach to building a better, more directed and efficient workforce. Communication is a key component in coordinating and tracking project schedules, issues, and action items. The plan maps out the flow of information to different stakeholders and becomes an integral part of the overall project plan (Gray Larson, 2011). Implementing a well thought out communications plan will help manage expectations regarding the project, ensure methods used for communication will be most effective, and assure appropriate levels of communication with internal and external project stakeholders. In addition, well laid out communication plans provide relevant, accurate, consistent information at all times, and most importantly, generate and sustain enthusiasm and support for the project. References Bacal, R. (2008). Internal communication strategies. Performance Management and Appraisal Help Center. Retrieved from http://www. prpundit. com/knowledge/employee%20communications/Internal%20Communications. pdf Gray, C. F. , Larson, E. W. (2011). Project management: The managerial process (5th ed. ). New York, NY: McGraw-Hill. ISBN-13: How to cite Project Communications Plan, Essay examples

Logistic and Supply Chain Management Zara

Question: Discuss about theLogistic and Supply Chain Management for Zara. Answer: Introduction: In this report the Supply Chain Management of Zara, the fashion retailer company of Spain has been evaluated to justify their strategic policies regarding the SCM. Coming Up with the Suppliers In this competitive market, marketers need to pay close attention while selecting suppliers. It helps the marketers to decide who will be the most effective supplier for their organisation and can help the organisation to execute their business properly with incensement in profitability. According to Christopher (2016), choosing the right supplier depends on many factors relating to the business that determines the potentiality of suppliers for any company. The factors on which the selection process of an organisation depends are quality, service, value for money and reliability. Therefore, a systematic strategic approach should be taken while selecting suppliers that enable an entrepreneur to understand the potentiality of the business as well as weighing up customers purchasing decision. In this case, the concerned authorities of Zara have to decide their suppliers after following a three-step guideline such as, Identify the potential suppliers Shortlist the most suitable suppliers Finalising the suppliers for their business While identifying the suppliers the company has to find out the distance of the supplier from their warehouse or displaying store. If the suppliers situated in a short distance from the warehouse, then the transportation of the products become easy and free of delivery cost (Stadtler 2015). Therefore, the suppliers cannot get the chance to demand a high price for their products, which decreases the transportation cost indirectly. Zara has implemented this strategy to reduce their price of products as well as to attract more customers. Additionally, they have researched on the storage capacity and potentiality of the suppliers whether they are able to supply a bulk of materials or not. This helps to save time and capital that indirectly brings more profit for the company. Stock Ordering Procedures Stock ordering is one of the most important steps for any retailer to enter in the circular process of product. Every company has to develop a particular procedure to take orders for their products; otherwise it will create a huge mess in the company regarding the exact process of taking order. As opined by Wisner et al. (2014), there are various ways to control the stock of orders. Different company implement different approaches to controlling their stock of products as well as taking orders. In this case, Zara has taken the Just in time approach to maintaining their stock of order. As the company is a fashion retailer, therefore, they have to change their products according to the fashion trends of market (Kim 2013). This is a sector where change is constant and every single day the demand of customers can be changed. Therefore, they do not keep a huge stock for future; rather they have taken this approach. It helps them to identify the demand of consumers and the according to the m they take orders when needed. It prevents their business to face a huge loss suddenly. Delivery Arrangements Every organisation follows a delivery system that enables the company to reach the products to the right place without any miscommunication. As stated by Ross (2013), delivery arrangements of a company are a direct contact with the clients, which create the reputation for the company. If the delivery process of a company possesses a good communication, then the clients satisfaction level can be seen in the reputation of the company and a good reputation automatically increases the profit. The business of Zara is expanded in offline as well as online. Therefore, the delivery arrangements play a crucial role in their business. The USP of the company is to delivering the products to clients free, without any extra charge (Seuring 2013). Therefore, they deliver their products to clients through a few steps. As first, the products issued from the store to the main warehouse from where the products are to be distributed. Then the products reach to the nearest warehouse of the client and fr om there the product reaches to customers home. Therefore, the clients can easily avail the products without any problem. Other Logistical Information The other logistical information that is required to smooth the process of Zaras business is distribution; order processing, transportation and warehousing (Fernie and Sparks 2014). All these logistic processing is needed to complete the total supply chain management of the company. Therefore, the company possesses an order processing system that is listing the orders. In this way, the company lists their orders in a list to sort them systematically. Then the process of packaging is done in the warehouses where the products are finalised by the company. At the end of this distribution process the products has to be transported to the destination to complete the procedure of distribution. The company uses their own transport system to bring the products from the suppliers, deliver the products from store to warehouses and to the customers addresses ((Kozlenkova et al. 2015). This distribution logistics are important for the company as the time, place and quantity of production differs with the consumption of these. Discussion In this section, the application of Supply Chain Management has been discussed with referring to the fashion retailer Zara. The procedures of Zaras selection system of suppliers, their stock ordering procedures, delivery arrangements processes and other relevant logistical information has been explained in detain to gain the proper idea about their distribution system. They have selected the suppliers who are within the short distance to reduce their transportation cost. It has also affected their pricing processes for the products. Additionally, they have taken the just in time approach to taking the orders, which are delivered to the destination or to the customers house through following a systematic steps. As the company is related to the fashion industry, therefore the process they have selected to complete their business procedure can justify their requirements. In last part, the other relevant logistical informations have been evaluated to analyse their distribution process. Reference List Christopher, M., 2016.Logistics supply chain management. Pearson Higher Ed. Fernie, J. and Sparks, L., 2014.Logistics and retail management: emerging issues and new challenges in the retail supply chain. Kogan Page Publishers. Kim, B., 2013. Competitive priorities and supply chain strategy in the fashion industry.Qualitative Market Research: An International Journal,16(2), pp.214-242. Kozlenkova, I.V., Hult, G.T.M., Lund, D.J., Mena, J.A. and Kekec, P., 2015. The role of marketing channels in supply chain management.Journal of Retailing,91(4), pp.586-609. Ross, D.F., 2013.Competing through supply chain management: creating market-winning strategies through supply chain partnerships. Springer Science Business Media. Seuring, S., 2013. A review of modeling approaches for sustainable supply chain management.Decision support systems,54(4), pp.1513-1520. Stadtler, H., 2015. Supply chain management: An overview. InSupply chain management and advanced planning(pp. 3-28). Springer Berlin Heidelberg. Wisner, J.D., Tan, K.C. and Leong, G.K., 2014.Principles of supply chain management: a balanced approach. Cengage Learning.