$15 Minimum Wage: NFIB Members Speak Out on Job Losses and Increased Costs
Small business owners explain how a $15 per hour federal minimum wage would affect their business, including their workers who make more than $15 per hour.
Small business owners explain how a $15 per hour federal minimum wage would affect their business, including their workers who make more than $15 per hour.
NFIB filed a brief defending the Department of Labor’s final rule from January on joint-employer standards under the Fair Labor Standards Act.
While big business may support a much higher minimum wage because it would give them a competitive advantage, a $15 per hour federal minimum wage would make it that much harder for small business to recover and survive.
Small businesses ranked “Unreasonable Government Regulations” as one of their top 10 most severe business problems in a 2020 study by the NFIB Research Center. NFIB is urging the new U.S. Dept. of Labor to understand and consider 6 small business principles in the development of any regulatory initiatives.
In a letter to the U.S. House and a letter to the U.S. Senate, NFIB urged Congress not to saddle small business owners with the Raise the Wage Act of 2021.
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