Part I:
According to the Living Wage Calculator developed by Amy Glasmeier, Professor of Economic Geography and Regional Planning at MIT, the living wage rate for a family of four (two working adults, two children) is $16.54 per hour. What are the implications of raising the minimum wage rate to a livable wage? Do you think the government should increase the federal minimum wage? Explain your answer.
Part II:
Read Case Study 1. CEO Pandemic Pay…Taking One for the Team or Window Dressing? on page 396 and discuss your answers to the questions.
By Day 5:
Respond to at least two fellow learners in either of the following ways:
- Offer additional information based on your professional experience or research.
- Post an article or website and summarize why it might provide further insight.
- Offer a contradictory opinion based on research and pose a question to seek further information.
- Provide an insight, seek clarification and/or note an omission that might be important.
Return to this discussion to read responses to your initial post. Note what you have learned and/or insights gained from fellow learners’ comments.