The house plan would significantly increase the federal minimum wage from its current level of $7.25 per hour to $15 per hour by 2025. This would bring great relief for millions of working-class citizens who currently struggle to make ends meet due to low wages. Not only would it help these families provide basic necessities, but it would also create additional economic stimulus and help stimulate the economy by putting more money into the pockets of low-income workers who will likely spend it, resulting in more business for local employers. The increased wages would also ensure that businesses find it worthwhile to employ additional employees and stimulate further economic growth. Further studies have also indicated that an increase in the minimum wage would lead to a decrease in poverty and inequality.The House Plan Would Increase the Minimum Wage
The house plan would also mandate that businesses provide all qualifying employees with a minimum of seven days of paid time off each year. This would notably increase the amount of paid time off many employees receive and could free up more of their time to do things they enjoy, spend time with family, or take part in community activities. It could also help improve the mental and physical health of those with demanding jobs, ultimately bringing benefits to both the individuals and their employers. Additionally, it would raise the quality of life for working-class citizens and help them better cope with the effects of long-hour workdays.The House Plan Would Allow Employees to Earn More Paid Time Off
The house plan would also increase the amount of Social Security benefits that retirees receive, a major area of concern for many senior citizens. Currently, Social Security benefits are based on a fixed formula that has not been updated in years, meaning that retirees are not kept up with the pace of inflation and can struggle to cover basic needs. The house plan aims to eliminate this problem by adjusting the formula for the cost of living, in addition to increasing benefits by up to $400 per year. This change would provide a major boost to elderly citizens and help them enjoy a better quality of life in their golden years.The House Plan Would Expand Social Security Benefits
The House plan is also designed to give workers more job protections, especially those employed in subcontractor or part-time positions. It would offer greater job security by providing pre- and post-hire protections to workers, such as the right to file a complaint against unfair employers practices and to receive restitution or reimbursement for lost wages. It would also offer additional protections against discrimination on the basis of sex, race, national origin, religion, age, and disability.The House Plan Would Give Workers More Job Protections
The house plan would also help promote greater family-friendly workplace policies. It would implement a number of measures to better support working parents, such as better access to childcare, additional parental leave, flexible scheduling options, and greater access to affordable healthcare. These measures would go a long way to help improve the lives of working parents who are striving to balance the demands of their job with their responsibilities as a parent. Furthermore, this could lead to higher job satisfaction rates for working parents and make them feel like they matter to their employers.The House Plan Would Help Create More Family-Friendly Workplaces
The house plan aims to address discrimination in the workplace with measures that make it easier to identify and address discrimination as soon as it occurs. This includes the right of employees to freely discuss discriminatory practices in the workplace and the implementation of training programs that help employees and employers recognize and address unconscious bias. Ultimately, this would create a more equitable and inclusive work culture and ensure that everyone in the workplace is treated fairly and with respect regardless of their gender, race, sexual orientation, or any other protected class.The House Plan Would Address Discrimination in the Workplace
The house plan also seeks to address the issue of pay equity, which has long been an area of contention for many employees. It would do this by introducing measures that would close the gender wage gap, ensure that employers pay all qualifications equally regardless of gender or race, and eliminate other discriminatory practices in terms of pay, such as punishing employees for taking parental leave. This would bolster the economic standing of many employees and help ensure that pay is distributed fairly across all segments of the workforce.The House Plan Would Address Pay Equity
The house plan would also encourage employers to offer pension benefits to more employees and make it easier for workers to take advantage of these benefits. It would ease the burden of transitioning from work to retirement by providing employers with tax credits for providing pension plans, as well as implementing other measures that would make pensions more accessible to employees. These steps would help ensure that more employees are able to enjoy a comfortable retirement and not have to worry about financial instability or difficulty transitioning into senior living.The House Plan Would Expand Access to Pension Benefits
The house plan would further provide more economic support to lower-income workers by expanding access to existing tax credits and implementing new ones. This includes increasing the Earned Income Tax Credit and Child Tax Credit and introducing new credits for childcare expenses and family leave. The increased support would help more lower-income families cover basic necessities, while also providing an additional economic stimulus as workers have more spending power.The House Plan Would Increase Tax Credits for Lower-Income Workers
The house plan is also designed to reduce job loss and provide greater support to those who have been laid off due to the effects of the pandemic. It would provide direct financial relief to those who have been laid off in the form of extended jobless benefits and job retraining programs, and it would also authorize extended jobless benefits and establish a simple unemployment program for those who are out of work. Additionally, it would provide incentives for employers to rehire those who have been laid off in an effort to reduce job loss and increase hiring rates. The House Plan Would Help Reduce Job Loss and Rehire Those Who Have Been Laid Off