BUSINESS PEOPLE SIGN ON HERE. INAUGURAL SIGNERS include • Stonyfield • &pizza • Eileen Fisher • Organic Valley • Parnassus Investments • Dr. Bronner's • Lamey-Wellehan Shoes • Amalgamated Bank • AFI Contractors • Crane Brewing • La Quercia • Moonrise Hotel • The Rieger Restaurant • A Few Cool Hardware Stores • Raygun clothing • BA Auto Care • MOM's Organic Market • American Income Life • Equal Exchange • Devine Deli • Badger Balm • Porter Square Books • Best Value Janitorial • 4 Seasons Christmas Tree and Plant Farm • American Sustainable Business Council • U.S. Women's Chamber of Commerce • and over 250 more and counting
As business owners and executives, we support gradually raising the federal minimum wage to $15 by 2024. It’s good for business, good for customers and good for our economy.
Workers are also customers. Today’s $7.25 minimum wage – just $15,080 a year for full-time workers – doesn’t even cover the basics. Raising the minimum wage puts money in the pockets of people who most need to spend it, increasing sales at businesses and boosting the economy.
Raising the minimum wage makes good business sense. Low pay typically means high turnover. Raising the minimum wage pays off in lower employee turnover, reduced hiring and training costs, lower error rates, increased productivity and better customer service. Employees often make the difference between repeat customers or lost customers.
Raising the minimum wage is smart policy. It will reduce the strain on the safety net caused by wages that people can’t live on. It will help level the playing field for businesses and strengthen the consumer spending businesses depend on to thrive.
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