And the highest paid within that company will feel the sting as customers flock to other, likely smaller businesses, that managed to keep their pissers clean, and etc. This is an assault on large businesses. Small businesses already pay above minimum wage. What YOU are saying is that BIG businesses, in order to shoulder this increase in operating costs...instead of decreasing corporate officer's compensation by a small percent, like, say, from 5.7 mill per year, down to, say, 5.2 mill per year...would rather skimp on services offered, or on the quality of such. Remember, minimum wage employees don't account for a very large percent of employees...and yeah, raises will need to be issued to the higher paid employees, too...but those raises stop at a certain point...typically at around 42K per year. Take my company, for instance. They raise minimum wage to 15 an hour...DOOM AND GLOOM!!! Right? Well, no. Not really. There are over 65 people within my company that make over 1 million per year, after bonus. Simple. Cut their pay by a small amount, to afford the increase in pay for the lowest employees on the totem. Fail to do that, fine. Offer sub par services. Watch Costco destroy our market share as a result.
Why? Because Costco understand the importance of every employee, and doesn't glorify the executive.
