BFMW In the News

Parsippany Focus (NJ): Businesses Look Forward to Economic Boost From Minimum Wage

By  Frank L. Cahill
Parsippany Focus (NJ), Dec 20, 2019. Also in the Morris County Focus.

PARSIPPANY — New Jersey’s minimum wage will increase to $11.00 on January 1, in another step toward the $15.00 minimum wage enacted in February. Business leaders say that raising the minimum wage will boost consumer buying power, foster a more stable and productive workforce, and strengthen businesses and the economy.

Upworthy: A maverick CEO raised the minimum wage at his company to $70K and now he's doing it again

By Tod Perry
Upworthy, Sept 27, 2019

The federal minimum wage in the United States is a paltry $7.25 and it hasn't gone up since 2009.

"It's not acceptable," Holly Sklar, CEO of the advocacy group Business for a Fair Minimum Wage, told CNBC. "The whole point of the minimum wage is to have it go up regularly. It shouldn't sit still every year when the cost of living is going up. The minimum wage is losing value." ...

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Investopedia: Can a Family Survive on the U.S. Minimum Wage?

By Andrew Bloomenthal
Investopedia, Updated Aug 4, 2019

... Since 2009, the federal minimum wage has been $7.25, or $15,080 a year. Many economists believe this is woefully inadequate and unjust. ...  Groups like Small Business Majority, Main Street Alliance and Business for a Fair Minimum Wage also support a higher wage, which they believe will inspire employee loyalty and boost workplace morale, which leads to more satisfied customers and an increase in consumer spending.

The Real Issue: Who Can Survive on Today's Minimum Wage?

Yahoo News: Should U.S. minimum wage be raised to $15?

By Mike Bebernes, Editor, Yahoo News 360
Yahoo News, July 29, 2019

What's happening: Earlier this month, the House of Representatives passed a bill to gradually raise the federal minimum wage to $15 an hour by October 2025. The proposal would more than double the current national minimum wage of $7.25. That rate hasn’t increased since 2009 — it’s the longest period without a raise since the minimum wage policy was established in 1938. ...

The benefits would be seen across the U.S. economy.

MultiBriefs: House passes $15 minimum wage bill, but its prospects are dim in Senate

By Seth Sandronsky
MultiBriefs, July 19, 2019

On July 18, the majority-Democratic House of Representatives passed the Raise the Wage Act to gradually increase the federal minimum wage, now at $7.25 and unchanged since 2009, to $15 in 2025. Some Republican House members did cross party lines to vote to increase the federal minimum wage. ...

Yet, Business for a Fair Minimum Wage supports increasing the federal minimum wage. One member of this coalition is Margot Dorfman, CEO of the U.S. Women’s Chamber of Commerce.

Supermarket News: 6 ways to successfully pay a living wage at retail

By Melaina Juntti
Supermarket News, July 10, 2019

Nobody’s going to get rich working at a natural products store. ... But at the same time, the cost of living keeps climbing and your staff have bills to pay and families to raise. For many of these employees starting at the federal or state minimum wage — or close to it — just won’t cut it. To make things work they will require at least a living wage.