If I'm a small business owner and minimum wage is increased....?
826124
Case in point MN raised minimum wage to 6.15 an hour (with soc, and medicare and other taxes that is 7.08 an hour.  I had 104 employees of which 68 were minimum wage wait staff.  Their take home pay was about $150 a night in tips plus the $30 in wages for a total of $46,800 a year on average.  The 20% increase in the minimum wage cost all 104 employees their jobs.\n\n(note: this was a upscale restaurant and bar.  Two weeks before they passed the mim wage the Democratic also passed a smoking ban for the city, my daily bar business drove or walked five blocks away across city lines to be able to drink and smoke.\nIn addition my clientele was not minimum wage earners so the wage increase did not effect them.)
305293
not enough.  they don't even have to pay you minimum wage in Illinois.  try making up that extra money everyone else gets paid with lousy 25cent tips.
135152
This is a hard question to answer. As the minimum wage increases so also does the cost of living. Those people paying minimum wages often raise the cost of the product to compensate for the increase of the cost of manufaturing it. After all they are in business to make money. I think we should look at better ways to decrease the cost of living for those that need it such as no tax on food, keeping the cost of gas lower, better and cheaper medical. These would actually increase the persons potential to survive in a heathier state and not have to work 2 or three jobs to make ends meet.
932200
NOT true. However a minimum wage increase is on the communist agenda right after #1 CUT and RUN and #2 Aletrnative Energy.
943901
about $5 per hour..  \nlets face it..  there are jobs out there that aren't worth more than that.\nthese high minimums are going to hurt a lot of small businesses.
726894
minimum wage, and the impact of changing it.....
607542
minimum wage is 6.50 isnt it
646463
No, but an increase in wages would increase the costs of many goods and services depending on how labor intensive they are. So that would offset the increase by a good portion. I personally think that increasing it based on personal preformance is a better adjustment to make.
760203
i got a 15% increase once hired on full time. You can discuss salary with them. Your current company doesnt now what u get paid. find out what people in your position get paid and work from there. Salary has to be discussed when going permanent.
986174
They are required to.  But I would claim them up to the minimum wage and no more.\n\nCalculate minimum wage per hour, pose hourly rate, add the amount to equal minimum wage.  Pari mutual= $?.?? per hour (whatever?) minimum wage is $?.??  the difference between the two should be claimed.\n\nTips are an anonymous amount and calculated based on average wage.
698925
This is a difficult question... \nFirst min. Wage was enacted to be a living wage which it was at first. If it had kept up with inflation it would be well over $12 an hour( I did an upper level paper on this and I have a degree in Labor studies) The problem is while the cost of labor has really only risen a small percentage the cost of the same goods that could be obtained with that salary is now out of reach. so min wage needs to be raised.    Min. Wage is supposed to be a living wage and can be raised by individual states the Federal government just sets a rock bottom minimum.\n$5-6 dollar an hour jobs cannot support an economy.... It is kind of a snow ball effect.. .\nThe problem is people skilled or unskilled are fighting over any jobs that pay a living wage... There should be  a salary gap for skilled workers but our economy is leaning the other direction.
790293
It totally depends on where you're living - minimum wage is $7.75.  Take a look at the link I attached...
663284
Interesting topic.  Who is going to pay for the increase?
522894
Try asking what is the impact of an increase in the minimum wage on the availability of entry level positions and total wages paid to those who fill those positions?  You might also ask what the anticipated reaction of job-providers would be?  \n\nI don't know if you'll get the correct answer here, but I suspect that many would be surprised to know the real (measured) impact. \n\nHint:  Imagine your reaction if you owned a business employing 50 minimum wage employees and the mandated wage goes up by 20%.  Would you:\n\na.  Knuckle under, pay the higher wage, maintain your prices and make less profit?\n\nb.  Pay the higher wage, raise prices to compensate and hope that your competition doesn't transfer jobs to China?\n\nc.  Hire undocumented workers for less than the minimum wage and hope you don't get caught? \n\nd.  Lay off 20% of your workforce and try to squeeze more output out of the remaining 40 employees?\n\ne.  Follow the competition and transfer your jobs to China? \n\nWhich of these possible "solutions" is best for the U.S. economy and labor market?
707871
Minimum wage -since you are only 17 and more than likely do not have much employment/work history  experience I doubt you'll get more than the minnimum as a starting wage but if you apply yourself,get to work on time and do your job well  usually in 90days there is a small raise.  Good Luck
770735
Some people don't have the opportunity to get better jobs. For those stuck in a job paying minimum wage and trying to survive, a pay increase makes living bareable instead of almost impossible.\n\nAlso, for those saying a minimum wage increase is a wash for those effected are not looking at the whole picture. It might be a wash for the economy as whole because prices will go up to compensate, but those making minimum wage will NOT feel the effects of that as much as middle and upper class. Those making minimum wage would definitely benefit from minimum wage increase.
632965
there are not any. Only the Federal minimum wage. Annual increases are up to the company. I have also learned this the hard way...get it in writing when they promise you !!!