During the quarterly meeting of the board of directors of your employing hospital, they invited you, as its healthcare compensation manager, to present a proposed minimum wage increase for non-exempt employees from $15 to $16 per hour. The increase would make it at par with the state's minimum wage law, which had just increased the minimum hourly wage rate for non-exempt employees to $16. One board member strongly protested. She vigorously asserted that the $1 increase will have an inflationary effect on hospital wages during a pandemic, and there was no need to increase wages to $16, since the federal minimum wage for these workers still remains at $14 per hour, making the current $15 hourly rate both generous and compliant with current law and regulation. What do you tell this board member in reply? O Employment regulation provides that an employee who is subject to both the state and federal minimum wage laws is entitled) to the higher of the two minimum wages O None of the choices listed here. O Employment regulation provides that an employee who is subject to both the state and federal minimum wage laws is entitled to the minimum wage chosen and approved by the organization's governing board. O There is currently no employment regulation governing an employee who is subject to both the state and federal minimum wage laws, so the minimum wage proposed by the organization's management should prevail as long as it is approved by its board. O Employment regulation provides that an employee who is subject to both the state and federal minimum wage laws is entitled to the lower of the two minimum wages.
During the quarterly meeting of the board of directors of your employing hospital, they invited you, as its healthcare compensation manager, to present a proposed minimum wage increase for non-exempt employees from $15 to $16 per hour. The increase would make it at par with the state's minimum wage law, which had just increased the minimum hourly wage rate for non-exempt employees to $16. One board member strongly protested. She vigorously asserted that the $1 increase will have an inflationary effect on hospital wages during a pandemic, and there was no need to increase wages to $16, since the federal minimum wage for these workers still remains at $14 per hour, making the current $15 hourly rate both generous and compliant with current law and regulation. What do you tell this board member in reply? O Employment regulation provides that an employee who is subject to both the state and federal minimum wage laws is entitled) to the higher of the two minimum wages O None of the choices listed here. O Employment regulation provides that an employee who is subject to both the state and federal minimum wage laws is entitled to the minimum wage chosen and approved by the organization's governing board. O There is currently no employment regulation governing an employee who is subject to both the state and federal minimum wage laws, so the minimum wage proposed by the organization's management should prevail as long as it is approved by its board. O Employment regulation provides that an employee who is subject to both the state and federal minimum wage laws is entitled to the lower of the two minimum wages.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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