Pennsylvania Business for a Fair Minimum Wage Sign On Statement

As business owners and executives, we support raising Pennsylvania’s minimum wage. It’s good for business, customers and our economy. The minimum wage has been stuck since 2009 at $7.25 an hour – just $15,080 a year for health aides, childcare workers, cashiers and other minimum wage workers. Pennsylvania lags behind 29 states, including all our neighboring states, with minimum wages above $7.25. With less buying power than it had in the 1960s, today’s minimum wage impoverishes working families and weakens the consumer spending at the heart of our economy.

Raising Pennsylvania’s minimum wage makes good business sense. Workers are also customers. Minimum wage increases boost sales at local businesses as workers buy goods and services they could not afford before. And nothing drives job creation more than consumer demand. Businesses also see cost savings from lower employee turnover and benefit from increased productivity and customer satisfaction. The most rigorous studies of the impact of actual minimum wage increases show they do not cause job loss. Raising the minimum wage will keep more dollars circulating in our local economy and reduce the strain on our social safety net caused by inadequate wages.

A recent national poll shows that 61 percent of small business owners with employees support increasing the federal minimum wage to $10.10 and adjusting it yearly to keep pace with the cost of living.

We support a phased increase in Pennsylvania’s minimum wage to at least $10.10 an hour and then adjusting it annually so the minimum wage keeps up with the cost of living rather than falling behind.


Share +