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After 2014, we'll be enrolling as many as 17 million additional low-wage workers in the country in Medicaid.
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Under federal law, every employee in America is entitled to a minimum wage, additional compensation for overtime and certain other benefits.
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This leads then to the real issue: can a company which pays its workers the minimum wage pass the additional cost onto the end customer?
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But the increased cap will also come with additional costs, including an increase in the minimum wage that an employer must pay to an H-1B visa holder, and additional fees for those employers whose workforce is composed of more than 30 percent of H-1B holders.
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But he also has promised to keep the spending programs and even take a few additional steps, such as raising the minimum wage by 20%.
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This additional effort could be used to further refine the Companies House wage data.
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And when you factor in the number of additional concessions they were given simply for accepting a smaller revenue share and rookie wage scales, the players walk away from this deal in fine financial shape.
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The best estimates from studies since the early 1990s suggest that the 11% minimum wage increase scheduled for this summer will lead to the loss of an additional 300, 000 jobs among teens and young adults.
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