PWM vs MW Flashcards
Speed of rollout
PWM: There is a protracted/slow roll-out of the PWM.
MW: A minimum wage can be introduced fairly quickly
(Determining a single minimum wage level should be more straightforward than constructing multiple wage ladders for each sector.)
Cost
PWM: more costly
MW: Administratively less costly
Sectors
PWM: currently only implemented in 3 sectors, cleaning, security and landscaping.
MW: Require all businesses to pay their workers above the stated level, whether they can afford it or not.
productivity
PWM: increases the wage of the workers while increasing their productivity and skillsets.
MW: increases the wage of the workers but not necessarily their skillsets and productivity.