{"id":78141,"date":"2014-07-20T23:00:08","date_gmt":"2014-07-20T16:00:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-benefits-cliff-when-minimum-wage-increases-backfire-on-the-people-in-need\/"},"modified":"2018-01-28T02:04:13","modified_gmt":"2018-01-27T19:04:13","slug":"the-benefits-cliff-when-minimum-wage-increases-backfire-on-the-people-in-need","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-benefits-cliff-when-minimum-wage-increases-backfire-on-the-people-in-need\/","title":{"rendered":"The benefits cliff: when minimum wage increases backfire on the people in need"},"content":{"rendered":"


\nFor many Americans living in poverty, the real cost of higher minimum wage could be benefits lost by a few dollars gainedFederal workers get higher wages \u2013 but won\u2019t catch up to CEOsWho would oppose a $15 minimum wage? Sometimes your neighbourHere’s the paradox of the minimum wage: even as the higher minimum wage attempts to lift low-wage workers out of poverty and help them get off benefits, it might actually leave them worse off than before. The reason? The few extra dollars tacked onto their pay checks cause them to lose their federal benefits, including food stamps or housing subsidies. For example, a wage of about $11 to $12 can cost a single mother with two children their food stamps, also known as Snap benefits. A wage of about $15 to $16, similar to the minimum wage recently enacted in Seattle, can leave that same family without any childcare benefits. Continue reading…
\n
\nSource : theguardian.com
\nRead more…The benefits cliff: when minimum wage increases backfire on the people in need<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

For many Americans living in poverty, the real cost of higher minimum wage could be...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-78141","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kkl","jetpack-related-posts":[{"id":70022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/premium-minimum-wage-for-workers-would-be-too-confusing-mps-told\/","url_meta":{"origin":78141,"position":0},"title":"'Premium minimum wage' for workers would be too confusing, MPs told","date":"October 25, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...'Premium minimum wage' for workers would be too confusing, MPs told","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37972,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-worst-excuses-for-not-paying-the-minimum-wage\/","url_meta":{"origin":78141,"position":1},"title":"The worst excuses for not paying the minimum wage","date":"April 3, 2014","format":false,"excerpt":"\r HMRC comes across some pretty lame excuses during its investigations into employers who pay below the national minimum wage \u2026Fifteen years after the launch of the national minimum wage some employers still view paying it to their workers as a choice and offer elaborate excuses when caught out, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/matthew-taylor-to-call-for-boost-for-gig-workers-but-stops-short-of-blanket-minimum-wage-demand\/","url_meta":{"origin":78141,"position":2},"title":"Matthew Taylor to call for boost for 'gig' workers but stops short of blanket minimum wage demand","date":"July 9, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Matthew Taylor to call for boost for 'gig' workers but stops short of blanket minimum wage demand","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tip-off-waiters-still-paid-minimum-wage-out-of-your-service-charge\/","url_meta":{"origin":78141,"position":3},"title":"Tip off: waiters still paid minimum wage out of your service charge","date":"June 7, 2009","format":false,"excerpt":"\r A new law is intended to stop restaurant bosses pocketing staff tips. But as Jamie Elliott reports, there may be no changeA change to the law intended to stop restaurants using tips to make up staff's pay to the minimum wage will do nothing to stop employers pocketing all\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85536,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/san-francisco-home-prices-gain-us60-an-hour-four-times-the-minimum-hourly-wage-of-us14\/","url_meta":{"origin":78141,"position":4},"title":"San Francisco home prices gain US$60 an hour \u2013 four times the minimum hourly wage of US$14","date":"April 16, 2018","format":false,"excerpt":"\r Houses in San Francisco earn more per hour than most of their owners \u2013 or anyone else, for that matter \u2013 do at work, a new report finds. The study by property site Zillow finds that houses in the Bay Area city typically appreciate at a rate of US$60.13\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55609,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/opinion-who-drinks-lattes-in-hong-kong-not-the-minimum-wage-earner\/","url_meta":{"origin":78141,"position":5},"title":"Opinion: Who drinks lattes in Hong Kong? 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