Finance professors explain the factors required to assess minimum wages

by ADeeL

Professor of Finance and Investment at Imam University, Dr. Muhammad Makani said, “The minimum wage should be taken into account the main cities and sub -beliefs.”

During his meeting with the “Yes Hala” program aired on Gulf Rotana channel, “Makani” said that the salary of 6 thousand riyal – for example – in active cities with a great economic movement, is different from areas that are not witnesses . An economic movement; Therefore, it is necessary to have flexibility to keep in mind the living conditions and life costs.

He continued that minimum wages can be determined in future; To make a psychological factors to work to avoid pressure on those who receive a wage while they live in a high active city, which occurs with an increased value of rent, life and means of entertainment.

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