How would a minimum wage hike affect small businesses?

Mass. minimum wage is currently $9/hour

Photo Courtesy: MGNonline

NORTHAMPTON, Mass. (WWLP) – State lawmakers are starting discussions about raising the minimum wage to $15 an hour.

There are a number of bills proposing this minimum wage increase, especially for fast food, home care and large retail stores. It would also impact tipped workers.

Minimum wage right now in Massachusetts is at $9 an hour. Raising the minimum wage for some industries, could also force others to increase their salaries.

Small businesses may not have the finances to pay workers more. We spoke with Will Brideau, owner of men’s clothing store Jackson and Connor, to find out how it could affect his sales. “I’d probably move things around, maybe I’d spend less on advertising, maybe I’d spend less on the actual clothing that I’d bring into the store. But I would move things around, and make it so that I could pay my employees the right wage and also not raise prices either.”

State lawmakers are also considering a bill that would encourage companies to pay workers at least four extra hours if they’re called into work.

Comments are closed.