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Small Business Group Fights Proposed Minimum Wage Hike

 
Small Business Group Fights Proposed Minimum Wage Hike
Posted June 12th, 2014 @ 8:37am by KFBK News

A small business group is rallying against another minimum wage increase, saying it will cost hundreds of thousands of jobs.

The National Federation of Independent Business says raising the wage to $13  an hour could lead to 323,000 layoffs over the next ten years.

Director John Kabateck says small companies can't shoulder the long-term cost and lawmakers are missing the point.

"It's intended to be a temporary wage, not a long term wage. And, frankly, this is one of those examples where the legislature just doesn't get it," he said. 

A bill that's passed the Senate and is awaiting a vote in the Assembly would raise the wage to $13 by 2017.

San Francisco, as a city, is exploring a $15 minimum wage.

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