JOURNAL ARTICLEEric Sambu
International Journal of Research in Business and Social Science · 2024
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The principal objective of this paper is to explore the effect of minimum wage order as a form of regulatory mechanism for the private security industry in Tanzania. More precisely, it attempts to assess how minimum wage impact on the pricing of services to their consumers. It explores the background, comparative analysis of minimum wages, the current legal framework and interpretation of related legislation to support implementation and assesses compliance. The study that culminated in the paper was qualitative in nature, being based on the case study of the selected private security companies in Tanzania. For this end, this paper used observation, expert opinions, interviews and documentary review for getting both primary and secondary data. The findings of the study revealed that whereas the wage order is clear, there are extensive guidelines in the labour laws that require to be read together with it, leading to misinterpretation or deliberate omission due to their impact on the pricing. The set wage results in a selling price that is 4.3 times, even with a modest 10% profit mark-up. Compliance is very low, and enforcement is weak, leading to price undercutting and causes those willing to comply lax and follow non-compliers to survive in the market characterised with price wars. Consumer is conflicted in choosing cheap service providers and enforcing compliance with the minimum wage order for the welfare of guards. The study recommends improving regulatory oversight, more awareness training of PSC directors, simplifying the labour laws to avoid ambiguity, unifying minimum wages, regular audits and educating the consumers of the link between wage and pricing of service. It also recommends strengthening the capacity of trade associations to help in the regulation of their respective members.
DOI 10.20525/ijrbs.v13i5.34510 Crossref citations0 OpenAlex citations
JOURNAL ARTICLEBulent Dervishi
International Journal of Research in Business and Social Science · 2023
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The wage level that employers cannot legally go below by setting a floor limit on wages is called the "minimum wage". In other words, the minimum wage is usually the lowest wage determined to meet the basic needs of workers. This wage is set to raise the living standards of workers and to reduce poverty. As a result of the increases in food prices in international markets in 2021 and especially in 2022, a food crisis emerged in the world economy in 2022. While the effects of the COVID-19 pandemic were overcome in 2021, the prices increased as a result of increased demand, on the other hand, at the beginning of 2022, the Russia-Ukraine tension triggered the food crisis while pushing food prices up. While rising prices affected fixed incomes the most, it became necessary to increase the minimum wage. Increasing the minimum wage encourages consumption by reducing poverty and increasing fixed income (workers) well-being. The increase in the minimum wage encourages consumption by reducing poverty and increases the welfare of the fixed income (workers), and on the one hand, increases the costs of the producers and leads to a decrease in production and unemployment. While increases can help improve workers' living standards, they can also have negative effects, such as reducing worker numbers or increasing costs for some businesses. The main purpose of this research is to examine that while increasing the minimum wage in the inflationary period is inevitable, it will again increase the general level of prices and trigger inflation.
DOI 10.20525/ijrbs.v12i3.25121 Crossref citations3 OpenAlex citations
JOURNAL ARTICLESteven Henry Dunga
International Journal of Research in Business and Social Science · 2022
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The National Development Plan (NDP) of South Africa identifies the main ills that must be dealt with by 2030. These are poverty and inequality. The NDP also clearly points out the need to deal with unemployment. These build into the sustainable development goals with 2030 as the target year for achievement. Both the NDP for South Africa and the SDGs at the global level had these targets set way before the 2019 coronavirus hit. Now given the disruption that this pandemic caused, the trends and possibility of achieving these goes must be investigated. This paper looks at employment focusing on the characteristics of the people that had a job to return to after the hard lockdown in South Africa. The main objective is to identify the significant predictors of employment status at the household level. The paper uses data from Statistics in South Africa that were collected in 2021 during the midst of the pandemic. Variables such as age, province, race or population group and gender were included in the analysis. The results of the logistic regression show that age, race, age of the province, and household size are all significant predictors of whether the head of the household was in salaried employment during the Covid-19 pandemic. The fact that females were more likely to be in employment is painting a unique picture of the labour force than what is normally observed in the surveys.
DOI 10.20525/ijrbs.v11i6.19641 Crossref citations1 OpenAlex citations