Influence of Minimum Wage on Poverty

Research Project
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Table of Contents
EXECUTIVE SUMMARY.............................................................................................................3
Methodology....................................................................................................................................3
Results/Findings...............................................................................................................................3
Frequency Table.....................................................................................................................5
Discussion......................................................................................................................................13
Conclusion.....................................................................................................................................15
Recommendations..........................................................................................................................15
Reflection.......................................................................................................................................16
REFERENCES..............................................................................................................................17
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EXECUTIVE SUMMARY
This current study has been conducted on the topic “To analyze the influence of minimum
wage to trap people can lead to poverty”. In order to provide support to the same TESCO has
been taken as the base company. The key idea behind conducting this topic was to identify the
influence of minimum wage to trap people can lead to poverty. Also, both the primary and
secondary method of data collection for collecting maximum data on the same which would be
further analysed to draw valid outcome through quantitative method that is supported with
deductive method. The findings have revealed that core influence of minimum wage is highly
negative and directly trap people which ultimately lead to the poverty.
Methodology
This refers to the process of data collection and data analysis. There are number of
methods and tools that was will be used within an investigation for gathering accurate
information regarding the minimum wage. These are:
Data collection methods: Different methods for collecting which are questionnaire,
interview, focus group, observation etc. These are main methods but for gathering data regarding
the minimum wage, questionnaire has been applied as it support researcher to gather quantitative
and reliable data about the topic.
Sampling: It is a process that facilitate researcher in selecting of sample from total
population. Non-probability and probability are two main techniques of sampling selection but
for current investigation, probability sampling is more useful as it not requires maximum time
and provides valid outputs. 40 employers of Tesco will be chosen randomly under probability
technique of sampling.
Research Ethics: This section of methodology is important because it facilitate research
by completing it ethically. Some ideology that must be use by researcher for conducting this
research which are gain informed consent from capacity studies contributors; diminish the
chance of harm to participants; avoid the usage of misleading practices; shield their anonymity
and confidentiality; give individuals the right to withdraw etc.
Results/Findings
Questionnaire
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Q 1) Are you aware with the concept of minimum wage?
a) Yes
b) No
Q 2) Do you think minimum wage leads to the trap people into poverty?
a) Agree
b) Disagree
Q 3) Does minimum wage places contribution in the discrimination at workplace?
a) Yes
b) No
Q 4) In what manner, minimum wages influences working capability of the employees?
a) Positive
b) Negative
Q 5) What are drawbacks of minimum wage that leads to poverty?
a) Could lead to increase in prices of product which raise poverty
b) Some businesses cannot afford the wages which influences their operations too
c) Regional imbalances in wages reduces the effectiveness
Q 6) Do you believe, minimum wage also places influence over the employees performance and
also results in the delay of attaining organizational goals and objectives?
a) Agree
b) Disagree
Q 7) As per your opinion, what are the several ways that could support businesses in enhancing
performance of employees?
a) Providing equal opportunity
b) Developing positive working environment
c) Motivating employees
Q 8) What are major issues that business entities like TESCO could face due to presence of
workplace discrimination within the company?
a) Rises employee turnover rate
b) Decline in productivity
c) Delay in achievement of organisational goals and objectives
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