THE BUSINESS IMPACT ANALYSIS OF THE MINIMUM WAGE VALORISATION
Author(s) -
Martin Pernica
Publication year - 2017
Publication title -
verslas teorija ir praktika
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.369
H-Index - 17
eISSN - 1822-4202
pISSN - 1648-0627
DOI - 10.3846/btp.2017.010
Subject(s) - minimum wage , wage , inflation (cosmology) , low wage , economics , labour economics , physics , theoretical physics
The paper presents the results of research conducted in companies based in the South Moravian Region with the aim to gain information concerning the influence of minimum wage on employment and competitiveness of business. To complete this paper there have been used methods of analysis, comparison, induction and deduction, percentage of positive and negative answers and Pearson's chi-squared test. The research revealed that majority of companies would embrace minimum wage derived from average wage and yearly minimum wage inflation adjustment. Although, approximately one half of the respondents believe that the minimum wage makes it harder to employ low-skilled workers
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