OPINION: Low minimum wage is bad for business
As a small business owner myself, I don’t see the logic in business people arguing against increasing the minimum wage.
It’s just not logical to pay people a wage that doesn’t even cover basics like food, housing, utilities and transportation needed to get to work.
At $7.25 an hour, the minimum wage comes to just $15,080 a year for full-time employees. Think about cashiers or health aides, childcare workers or fast food servers trying to make ends meet on $15,080.