How Small Businesses Would Be Affected by a Minimum Wage Increase

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The plan to boost California’s minimum wage to $15 per hour over the next five years is “economic justice,” according to Governor Jerry Brown.

The agreement reached among the governor, Democratic lawmakers and labor leaders gives businesses with fewer than 25 employees extra time to phase in the increases. It allows the governor to “pause” the hike if the economy struggles.

The plan also includes the addition of three paid sick days, one per year between 2018 and 2021.

Although unions and consumer advocates have come out in support to the minimum wage increase, many in the small business community are concerned.

Peter Tateshi is the CEO of the Sacramento Metro Chamber and he is among those in opposition. He also discusses Sacramento’s mayoral race:

Source: KFBK

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