Op-Ed By Bill Phelps, CEO, Wetzel’s Pretzels
... I’d like to give my business perspective and look at the real impact of minimum wage increases. ... Workers in California and other states are looking forward to consistent pay increases in the future. And I’m looking forward to continued growth for our business. ...
With minimum wages on the rise and new overtime legislation soon going into effect, restaurants are searching for ways to pay more—and still make a profit.
By Mary Avant
QSR Magazine, August 2016
... While minimum wage battles continue to rage at the state level, the federal government is also getting involved in the conversation over compensation, extending overtime pay to anyone making less than $47,476 annually (or $913 weekly). The law will go into effect December 1, and the Department of Labor says more than 4 million workers will be affected by the legislation within its...
By Judy Amabile
Special to the Denver Business Journal, July 29, 2016
Regarding Ed Sealover’s article “Colorado business groups launch campaign to defeat minimum-wage hike” (denverbusinessjournal.com, 7/19/2016).
As a made in “USA manufacturer,” I couldn’t disagree more with those opposing an increase in the minimum wage to $12/hour by 2020. This ballot initiative is a modest but good way to start making an economy that works for everyone, employers and employees alike.
Cities and states that have raised the minimum wage have experienced stable employment, thriving businesses and workers who can not only make ends...
Op-Ed By Judy Clinco
Arizona Daily Star, July 27, 2016
I founded my business in 1981 because I was unable to find compassionate and safe in-home care for my aging mother. I knew that other families in Tucson were searching for the same thing and coming up empty-handed, so I drew on my experience as a registered nurse to establish Catalina In-Home Services, Inc.
Having run my business for more than 35 years, I know how expensive and time-consuming it is to replace employees and train new ones. I also know that my employees are...
By Mark Belcher
Denver News 7 ABC, Jul 26, 2016
DENVER -- A group of business owners, families and supporters turned in petitions with 200,000 signatures pushing to see their measure to raise the minimum wage to $12 by 2020 on the November ballot. The group behind the large push is Colorado Families for a Fair Wage, representatives of which reported they more than doubled the needed 98,492 signatures needed for qualification. ...
"Gradually increasing Colorado's minimum wage to $12 by 2020 is the right thing for businesses," Yoav Lurie, CEO and founder of Simple Energy, said. "Higher...
By Lena Howland
KOAA 5, July 25, 2016
DENVER - Efforts to raise Colorado's minimum wage to $12 an hour are moving forward after Colorado Families for a Fair Wage submitted 200,000 signatures to the Secretary of State on Monday afternoon. ... The campaign held a rally in Denver on Monday, before turning in the signatures, which showcased dozens of supporters who want to see our minimum wage jump to $12 an hour by the year 2020.
"Let's raise the wage!" Yoav Lurie, CEO and Founder of Simple Energy in Boulder said. ...
It's something Yoav Lurie, owner...
By Peter Marcus
Durango Herald, July 25, 2016
DENVER – Proponents of an effort to gradually raise the minimum wage in Colorado submitted more than double the amount of signatures necessary to make the November ballot. Colorado Families for a Fair Wage submitted around 200,000 signatures to the Secretary of State’s Office on Monday. It takes 98,492 valid signatures to make the ballot. ... The effort would gradually raise the minimum wage to $12 by 2020. Proponents took the question to voters after the Legislature failed to act.
The proposal aims at addressing the current wage of $8.31, which hasn’t...
By Kate Gibson
CBS News MoneyWatch, July 22, 2016
Bill Phelps and Camille Moran run businesses in states with radically differing rules on what workers on the bottom rung of the income ladder should make, yet they hold similar views on the federal minimum wage, which on Sunday marks a seventh year stuck at $7.25 an hour.
Both feel an increase in the minimum wage is long over due -- it's been unchanged by Congress since July 24, 2009 -- and both pay their own employees accordingly.
"We pay our seasonal workers well over the...
Nightly Business Report produced by CNBC, Transcript, July 22, 2016
KATE ROGERS, NIGHTLY BUSINESS REPORT CORRESPONDENT: The U.S. federal minimum wage was hiked from $6.55 and hour to $7.25 nearly seven years ago, and that`s where it remained ever since. And while that debate has flatlined, the debate over wages has intensified. ... Despite periodic increases, the buying of the federal minimum wage hasn`t kept up with inflation, according to the Bureau [of] Labor Statistics. Data show that in 1968, the federal minimum was equivalent to $10.90 in 2015 dollars, nearly $4 higher than today`s rate.
For...
By Kate Rogers
CNBC, July 21, 2016
Nearly seven years after the federal minimum wage was raised to $7.25 an hour from $6.55, it has remained stagnant despite the increasingly heated debate over better pay and worker protections.
But that hasn't stopped Ken Weinstein from paying his workers more at his two restaurants in Pennsylvania, where the state minimum wage matches the federal floor.
Weinstein owns two Trolley Car Diners in Philadelphia, and decided two years ago to increase the minimum wage for his 75 employees to $8.50.
"It's a competitive thing — you certainly...
By Kate Rogers
CNBC, July 21, 2016
With the federal minimum wage stagnant at $7.25 for the past seven years, a debate has emerged over better worker protections and pay. Kate Rogers reports on what momentum for a higher wage means for Main Street.
By Leslie T. Snadowsky
Biz New Orleans, July 21, 2016
Angela O'Byrne is the President of New Orleans-based Perez, APC, a 100% woman and minority owned multidisciplinary firm providing a full range of in-house services including architecture, design-build, construction, landscape architecture, planning, interior design and real estate development. She is also the 2016 Louisiana Small Business Person of the Year and 1st runner up for 2016 National Small Business Person of the Year.
O'Byrne believes the current federal minimum wage of $7.25 an hour mires full-time workers in poverty and undermines consumer demand and economic...
By Paul R. La Monica
CNN Money, July 12, 2016
Sluggish wage growth has been one of the biggest problems for the U.S. economy during this slow recovery. Yes, fewer people are out of work. But their salaries were stagnant.
This week's announcements by Starbucks (SBUX) and JPMorgan Chase are another sign that the U.S. economy is still relatively strong, even if growth remains a bit lower than many would like. But JPMorgan Chase (JPM) CEO Jamie Dimon, writing about the company's decision to raise its minimum wage for 18,000 workers in an op-ed for The New York Times Tuesday, said... "A pay increase is the...
Op-Ed By Karen & Colin Archipley, Co-Owners, Archi’s Acres and Archi’s Institute for Sustainable Agriculture Training
We founded Archi’s Acres 10 years ago to develop a business that would provide opportunities to veterans and create a sustainable organic produce farming operation. Paying a living wage is key ...
By Morgan Eichensehr
Baltimore Business Journal, July 1, 2016
New laws go into effect Friday that will impact you at the pump and in your pocketbook. The state minimum wage is getting a 50-cent hike to $8.75. The scheduled increase is part of a law passed by Maryland legislators in 2014 to slowly raise the minimum from $7.25 to $10.10 per hour by July 2018.
Carmen Ortiz Larsen, president of AQUAS Inc. and chair of the Board of the Hispanic Chamber of Commerce of Montgomery County, said lower wages can undermine employee performance and retention, weaken...