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Business and Minimum Wage Research Summary

Regularly updated selection of studies on the impact of wages on employment, productivity, employee turnover, customer service, consumer spending, prices, profits, health, safety, and more. See the final section for polling and opinion.

Raising Nebraska’s Minimum Wage Benefits Businesses and Workers

New report explains how raising Nebraska's minimum wage will benefit business by boosting consumer spending and reducing employee turnover, which reduces the cost of hiring and training replacement workers. Extensive research demonstrates that raising the minimum wage does not reduce employment - while improving employee retention, productivity and customer service.

Raising the Minimum Wage to $15 Helps Small Business

We are currently experiencing the longest period without a federal minimum wage increase since it was first enacted in 1938 to help our nation recover from the Great Depression. Business for a Fair Minimum Wage supports raising the federal minimum wage to $15 by 2025, as called for in the Raise the Wage Act of 2021, using the same federal phase-in timeline for businesses of all sizes.

Regional Minimum Wage, Proposed in Senate Bill 7, Is Bad for Small Business; Statewide Raise to $15 Makes Good Business Sense

SUMMARY: The minimum wage sets the wage floor across Virginia. It’s currently too low to provide a solid floor for businesses, the workforce and the economy. A minimum wage increase should be phased in statewide, as passed by the House in HB 395, raising the rate to $15 by 2025. The amended bill passed in the Senate, SB 7, would introduce needless complexity and growing inequity into minimum wage law by breaking Virginia’s statewide minimum wage into regional minimum wages. ...