As business owners and executives, we support gradually raising Delaware’s minimum wage to $15 by 2025. We can’t build a strong economy on a minimum wage that’s too low to live on.
Workers are also customers. Raising the minimum wage is a powerful way to boost the economy because it puts money in the pockets of people who most need to spend it.
Fair pay is good business. Low pay typically means high employee turnover. Raising the minimum wage pays off in lower turnover, reduced hiring and training costs, fewer errors, increased productivity, and better customer service.
We support legislation to gradually raise Delaware’s minimum wage from $9.25 to $10.50 per hour in 2022, $11.75 in 2023, $13.25 in 2024 and $15 in 2025.