By Holly Sklar, CEO, Business for a Fair Minimum Wage
Updated August 25, 2026

There is a long record of rigorous research looking at the impact of minimum wage increases, which shows that raising the minimum wage does not reduce employment. Wage increases do have positive effects such as increasing consumer spending, reducing costly employee turnover, and improving productivity, health and customer service. Below is a selection of studies on the impact of wages on employment, productivity, employee turnover, customer service, consumer spending, prices, profits, health, safety, and more. See the final section for business polling and opinion.

READ AND DOWNLOAD THE REPORT PDF HERE: