CURRENT SIGNERS include • Patagonia • Ben & Jerry's • &pizza • Eileen Fisher • Stonyfield • Zingerman's • Room & Board • Dr. Bronner's • Organic Valley • American Income Life • Logan Ace Hardware • NRS • L'Oca d'Oro restaurant • Legacy Vacation Resorts • Badger • LMS General Contractors • ECOS • Beauty & Beyond • Georgia Beer Garden • Seventh Generation • BA Auto Care • Green Business Network • U.S. Women's Chamber of Commerce • among over 1,000 businesses and business organizations to date
As business owners and executives, we support raising the federal minimum wage incrementally to $15 by 2025. The minimum wage has been stuck since 2009 at $7.25 an hour – just $15,080 a year for full-time work. We can’t build a shared recovery and strong economy on a minimum wage that’s too low to live on.
Workers are also customers. We’re in the longest period without a raise since the federal minimum wage was first enacted to help workers and businesses recover from the Great Depression. Raising the minimum wage is a powerful way to boost the economy because it puts money in the pockets of people who most need to spend it.
Fair pay is good business. Low pay typically means high employee turnover. Raising the minimum wage pays off in lower turnover, reduced hiring and training costs, fewer errors, increased productivity, and better customer service.
We support raising the minimum wage, as proposed in the Raise the Wage Act of 2021, to reach $15 in 2025.*
* Please note that the new Raise the Wage Act of 2023 was introduced in Congress on July 25. The new legislation would gradually raise the minimum wage to $17 by 2028. You are welcome to sign the $15 by 2025 statement and let us know if you also support raising the minimum wage to $17 by 2028 by checking the appropriate box on the form.