Preview:  Businesses Wrestle With Minimum Wage

Mobile Economy  The federal minimum wage goes up to $7.25 an hour.  Some businesses owners in Mobile say it’s just bad timing.
by Chad Petri
Published: Fri, July 24, 2009 - 12:05 pm CST Last Updated: Fri, July 24, 2009 - 3:30 pm CST
While the extra money may help minimum wage earners, some local business owners say the mandate couldn’t come at a worse time. Tonight we talk to workers and businesses owners about how to copy with this in a tough economy. The video up there has more.
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All I’m saying is that if $28 a week is going to ruin your buisness you might not need to be in buisness to start with.  And no, legally if you pay them $7.25 an hour allready you don’t have to bump it up 70 cents.  $7.25 is the minimum.  Although it sucks for your workers.  I’ve seen three raises in minimum wage since I’ve worked where I’m at.  Our company doesn’t give us boosts to keep the gap between our pay and minimum wage.  Which is why I’m looking for another job.

Add that to each employee and multiply by 52.  Then factor in the additional payroll taxes, etc.

What happens to those employees that were making $7.25 yesterday?  Do they get a raise?

I’d hate to think that the extra $28 per 40 hours per worker would kill anyones buisness…gimme a break.

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