Voters in Arizona, Colorado, Maine, and Washington approved minimum wage hikes that begin next year and phase in gradually over the course of the next three years. The increase will raise the minimum wage by at least 43 percent in …
Tag: minimum wage debate
The International Franchise Association has made defeating Seattle's $15 per hour minimum wage its "top policy fight," arguing that laws like these unfairly discriminate against franchisees, who will be lumped in with big businesses and forced to comply with the law by 2017, the earliest deadline of the staged roll-out. PayScale spoke via email with Chad Mackay, President and COO of El Gaucho, a high-end steakhouse chain based in Seattle, for his take on how the law could affect both businesses and workers.
At the beginning of the month, Seattle's city council voted unanimously to increase the city's minimum wage to $15 an hour in stages over the next three to seven years. To get a business owner's perspective on the issue, we spoke via email with John Pepper, co-founder and former CEO of Boloco, a Boston-based restaurant chain with 22 units across New England. Pepper told us a bit about why a higher minimum wage isn't necessarily bad for business and what else needs to change for small businesses to thrive while paying their workers higher wages.