By Ed Sealover
Denver Business Journal, Feb 18, 2016
Business leaders shot down several attempts at the Legislature last year to raise Colorado’s minimum wage. ... Colorado Families for a Fair Wage — a newly formed group that organizers say is composed of low-wage workers and small-business owners — filed two proposed constitutional amendments with the Secretary of State’s office on Thursday that would raise workers’ minimum hourly pay to $12 over the next four years.
Both would bump the state minimum wage, now $8.31 an hour, to $9.30 at the start of 2017 and then increase it 90 cents per year [up to $12].
“Raising the minimum wage makes good business sense,” said Richard Correa, owner of the Correa Insurance Agency, with offices in Aurora, Fort Collins and Colorado Springs. “Workers will spend their needed minimum wage increases at the grocery, hardware store, auto repair and other businesses. And businesses will benefit from lower turnover, greater productivity and better customer service as employees are more invested in businesses that are more invested in them.” ...
Copyright 2016 Denver Business Journal