Preparing for Minimum Wage Increases
Despite a growing economy and the lowest unemployment rate the country has seen in decades, a large segment of America’s workers still struggle to make ends meet. Conversations surrounding this disparity have sparked a wave of representatives introducing bills which propose to increase minimum wage rates in states across the country. Twenty-one states will be, or are planning to, increase their rates in 2019. These laws are varied and adhering to changes is often confusing for employers.
Though beneficial to employees, minimum wage increases affect an organization’s business strategy, bottom line, and a myriad of other key factors.
In this eBook we discuss the pros and cons of wage increases as a business; highlight the recent changes to New Jersey, Pennsylvania and Philadelphia wage laws; and guide you through managing these inevitable changes within your organization.