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HRM DIS - 4

Problem Statement / Requirements:

First, the FMW is weighed on the business owners. Business employers are the ones who have a burden placed for the minimum wage amounts and must adhere to the same. Secondly, minimum wage rates increase business labor (Doyle, 2017). The case is true since the federal government requires an effective pay for the workers, hence the business owners are forced to pay more wages for a single worker. As a result, business owners employ fewer workers to level with business labor costs. Third, the FMW penalizes the labor-intensive companies. As a result, capital-intensive companies are the ones rewarded by the minimum wage law.
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