# of Words: 622
As free-market economists I'm not much into minimum wage legislation, in fact I'm rather against them. However as I watch what's going on in China right now, with the protests and strikes from the labor at the overseas production firms which are in their own country, I see that something has to be done. In China you are not permitted to go on strike at a Chinese company, and even though there are problems, they are not publicized because the Chinese government doesn't want that in their......Read More
The MSC legislation, which has been in force since April 2007, was introduced in an effort to reduce the "unfair competitive advantage" compared to "compliant businesses and workers". MSC's and MSCP's are bound with the legislation, but in themselves are quite different (as you will see in the section labeled.etailed HMRC Definitions & conditions of the MSC legislation/MSC's and MSCP's'). Definition: Managed Service Companies (MSC). For the MSC legislation to use, the organization through which......Read More
Since the 1st of April 1999 all workers in the United Kingdom have been subject to the National Minimum Wage Act; this act of parliament set a national minimum sum that employers in the united kingdom have to pay their workers; it's also the minimum sum that workers in the united kingdom are permitted to tender their solutions to get. Workers can, obviously, bring in more than the UK minimum, but never less. The introduction of the National Minimum Wage Act was intended to shield UK workers from......Read More
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