Commentary: Keeping Your Balance: N.Y. Minimum Wage Reimbursement Credit - good or bad?

Another potentially bad result of the Minimum Wage Reimbursement Credit is that it may hinder raises for the qualifying students, thus potentially making the minimum wage a maximum wage at the same time. Since the credit will only be paid if the employer pays the exact minimum wage, it provides a di...

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Bibliographic Details
Published inDaily record (Morristown, N.J. : 1971)
Main Author DeRidder, James C
Format Newspaper Article
LanguageEnglish
Published Rochester, NY BridgeTower Media Holding Company 13.12.2013
Subjects
Eligibility
Employees
Employers
Minimum wage
Reimbursement
Restaurants
Students
Wage rates
Workers
New York
United States > US
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Summary:Another potentially bad result of the Minimum Wage Reimbursement Credit is that it may hinder raises for the qualifying students, thus potentially making the minimum wage a maximum wage at the same time. Since the credit will only be paid if the employer pays the exact minimum wage, it provides a disincentive for them to give teens a raise for good performance.