A national network of business owners and executives who
believe a fair minimum wage makes good business sense
Business for a Fair Minimum Wage is a national network of business owners and executives who believe a fair minimum wage makes good business sense
Op-Ed By Satchel Raye, Owner, Satchel's Pizza
... Paying a living wage is good for everyone. That’s why I support ballot Amendment 2 to raise Florida’s minimum wage. ...
By Megan Cruz and Adam Poulisse
WFTV9 ABC (Orlando), Oct 7, 2020
WATCH VIDEO with Jared Meyers, Owner, Legacy Vacation Resorts
By Jennifer Holton
FOX 13 News (Tampa), Oct 7, 2020
... Danielle Ferrari, who owns Valhalla Resale in Tampa, supports the amendment.
“Right now our minimum wage in Florida is set at a poverty rate, and the right thing to do is to pay people a fair wage for the work that they do.”
Ferrari disagrees with Horne’s notion that the increase would drive prices up.
“When our communities are raised up from poverty, sales for local businesses will have to go up.” ...
By Kirby Wilson
Tampa Bay Times, Sep. 23, 2020
Florida voters have the power to dramatically change the laws of the state on Nov. 3. Half a dozen constitutional amendments could permanently shape Florida policy ...
Amendment 2: Raising Florida’s Minimum Wage
... This ballot initiative would gradually raise the minimum wage in Florida to $15 per hour by 2026. Florida’s current minimum wage is $8.56 per hour, greater than the $7.25 federal minimum wage.
By Nancy Luna
Nation's Restaurant News, Sep 16, 2020
Minimum wage is meant to be a living wage, but falls short by a lot
By Andrew Bloomenthal
Investopedia, Aug 18, 2020
The federal minimum wage in the United States is $7.25. It is meant to be a living wage, but this isn't the case in practice. The hourly rate hasn’t kept up with the cost of living since the late 1960s. ...
In 1933, five years before the first minimum wage became law, President Franklin Delano Roosevelt said: “By living wages, I mean more than a bare subsistence level. I mean the wages of a decent living." ...
By Andy Medici
Washington Business Journal, Aug 11, 2020
... Boloco co-founder John Pepper’s journey began as part of a business school project, eventually growing to 22 locations that he sold to a private equity firm before buying it back years later to save what remained of the ailing chain. Set up as a B Corporation that balances profits with social value, Pepper put most of the profits into paying employees and promoting from within.
By Joyce M. Rosenberg
Associated Press (AP), August 2, 2020
... Government coronavirus loans in the spring helped eating establishments rehire laid-off employees and ride out the pandemic’s initial surge and wave of shutdown orders.
Op-Ed By Ashraf Hijaz, Owner, Beauty & Beyond
... During my nearly 20 years in business, I’ve learned a key lesson: When people make more money, they spend more money, and that’s good for business. ...
Op-Ed By Holly Sklar, CEO, Business for a Fair Minimum Wage
... Some people say we can’t raise the minimum wage now because times are hard. Well, if we hadn’t raised the minimum wage in hard times, we wouldn’t have a minimum wage to begin with. ...
By Aimee Picchi
CBS News MoneyWatch, July 24, 2020
It's been 11 years since the last federal minimum wage hike, the longest span the baseline wage has gone without an increase since it began in 1938.
Since the last federal minimum wage hike — to $7.25 an hour, starting July 24, 2009 — the cost of living has increased 20%, while the price of essentials such as housing and health care have increased even faster. ...
By Kristin Toussaint
Fast Company, July 24, 2020
The last time the U.S. federal minimum wage was raised was July 24, 2009. For 11 years—now the longest period without a raise in the history of the minimum wage—the federal floor for earnings has been set at $7.25 an hour, or $15,080 a year. Over the course of those 11 years, that amount has lost its buying power to inflation, even as the cost of so many necessities has risen. With the country in an economic crisis because of the COVID-19 pandemic, some employers are calling for the federal minimum wage to be increased to $15 an hour to not only help workers, but also boost struggling businesses.
By Eric Morath and Te-Ping Chen
Wall Street Journal, July 21, 2020
Some 25 million Americans are set to lose $600 a week each in federal unemployment benefits at the end of the month, one of the thorniest issues Congress faces when it returns to Washington this week to consider another coronavirus relief bill.
Many people view the payments as a lifeline, and analysts say the $15 billion a week in federal spending has provided vital support to an economy staggering from the effects of the pandemic. ...
By Melissa Repko
CNBC, July 15, 2020
... July 24 marks 11 years — the longest stretch without an increase since the federal wage was enacted in 1938 [during the Great Depression]. ... Alissa Barron-Menza, vice president of the nonpartisan group Business for a Fair Minimum Wage, said it could be used to stimulate the economy again by putting more money into Americans’ pockets.
“It’s just that kind of shared recovery tool that we need now,” she said. ...
WLNS, Lansing, MI, July 5, 2020
This article is adapted from CBS News.
Low-paid workers in the U.S. have particularly felt the economic sting from the coronavirus pandemic since they tend to work in “front-line” jobs, such as in restaurants and stores. But some employees are getting a financial lift as three states and 18 cities and counties around the country move to raise their minimum wages.