Table of ContentsIntroduction........................................................................................................................3Background of the study................................................................................................3Scope of the project.......................................................................................................4Literature review................................................................................................................4Methodology......................................................................................................................5Research approach........................................................................................................5Data collection................................................................................................................5Data analysis..................................................................................................................5Ethical consideration......................................................................................................6Gantt chart.........................................................................................................................6Reference..........................................................................................................................8
Introduction Background of the study In modern era, there are many companies which are operating their business in allover the world. They aim to deliver high quality products and services in respect to makegood position in the market and to gain competitive advantages. In respect to carry out allthe business activities in an effective manner it is important to hire skilled employees,trained them and fulfil their requirements (Hanushek, Schwerdt and Woessmann, 2015). Inorder to accomplish aims and objectives it is important to motivate employees to workhard. There are different ways through which employees can be motivated. To providewages for each day and when it is accomplished it lead to boost the up moral of individualto work. As per the perspective of the company wages are known as essential expenseswhich help in carrying out business work. The present research is based on developingunderstanding related to the minimum wages all over the world and universal declarationof human rights control over them. For firms, when minimum wages are set then it isimportant to increase their total expenses in order to meet the requirements and makeprofitsAim: What are minimum wages around the world? Should The Universal Declaration ofHuman Rights control them?Objectives: To understand the concept of minimum wagesTo determine the opinion given by different countries for wages.To consider the positive and negative impact of wages to people.To analyse the role of Human Rights to control wages of workers.Research Questions:What is the concept of minimum wagesWhat is the opinion given by different countries for wages?What is the positive and negative impact of wages to people?What are the roles of Human Rights to control wages of workers?
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