________ are when companies and states implement wages and benefits that take into account the local area's cost of living.

Question

Quizplus · Accepted Answer

Living wage laws are when companies and states implement wages and benefits that take into account the local area's cost of living. Fair labor wage laws ensure that workers are paid fairly for their labor and skills, but do not necessarily take into account the local cost of living. Minimum wage laws ensure that workers are paid at least a certain amount per hour, but also do not necessarily reflect the local cost of living. Consumer price index laws are measures of inflation and do not specifically relate to wages and benefits.

________ Are When Companies and States Implement Wages and Benefits