By Adina Genn
Long Island Business News, Dec 11, 2023
Beginning Jan. 1, the minimum hourly wage on Long Island, New York City and Westchester is set to increase to $16 an hour. ...
Organizations supporting the wage increase include the Long Island African American Chamber of Commerce and the New York Business for a Fair Minimum Wage Coalition.
“Small businesses thrive when the people who are our customers have more money to spend. Low wages, on the other hand, lead to high employee turnover, which is costly for businesses in recruiting and training new workers, undermines customer service and product quality, and hurts sales,” said Phil Andrews, president of the Long Island African American Chamber of Commerce, in a written statement.
“Researchers at the Federal Reserve Bank of New York and the New York City Comptroller’s Office, among others, have found that previous New York minimum wage increases raised pay without hurting employment,” he added. “Raising and then indexing the minimum wage to the cost of living will help us build a more resilient, more dynamic economy.” ...