Baltimore Business Journal: ACE Hardware local owner tying wage increases to inflation even without Maryland mandate
By Garrett Dvorkin
Baltimore Business Journal, March 13, 2023
Gina Schaefer is going to raise the minimum wage at her ACE Hardware stores ... and keep raising it to match inflation every year, no matter what the Maryland General Assembly does this year.
Schafer, who operates 15 stores in Maryland, Virginia, and Washington, D.C., has a policy to pay employees based on the highest salary requirements of all her store locations. D.C. moves its minimum wage from $16.10 to $17 on July 1, and will increase the minimum wage to keep up with the Consumer Price Index...