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Showing results for tags 'minimum wage'.
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A CEO in Seattle has raised his labor costs significantly above market rates, making himself unable to compete while creating unrealistic future expectations for his employers (don't buy that house!!)... Predictions? Sorry, trick question. Math will sink this battleship.- 76 replies
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- minimum wage
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So I don't know TOO much about this, but I still found the article interesting, especially since I see a lot of people touting the positive effects of the minimum wage raise in Seattle. I'll also be keeping an eye out in future years, since the article mentions that the change will happen between 2 to 7 years (it's been about a year now). So even though changes right now are relatively small, there is definitely an opportunity for them to become more apparent. http://www.forbes.com/sites/timworstall/2015/03/16/we-are-seeing-the-effects-of-seattles-15-an-hour-minimum-wage/