As a kind of mom and pop operation who employees 5-7 employees annually… this news is bummer.
First off, by not raising minimum wage across the board to $15 and letting inflation take care of the rest, this kind has put my industry in a bind. I currently pay between $12-$15/hr for skilled labor. These are people who are actually busting their butts to learn trade skills and risking their body to make this kind of money. Now, you say $12-15 an hour doesn’t sound like much - but it’s a fair labor rate for those who are willing to go the extra distance to keep them out of a minimum wage job while simultaneously learning a trade skill.
Now I’m in the predicament of: Do I keep my wages the same for my workers and risk losing trained talent to another industry? Or do I raise my wages to be competitive with the new $15 an hour minimum?
I’ve worked as a fry-cook and at a pizza place as a teenager - the money was shit to the point where it barely made sense to do it… Which is why I got into the construction business. It’s no doubt hard work but there are two things it is not: Skilled labor, or RISKY labor. I mean, there are a million ways to become disabled on a construction job site, the pay has to reflect that.
Realistically, I will have to raise my prices accordingly which is probably not going to help earn business in the short run. This is an unfortunate event for all those who own a small business, make between $10-$20 and hour doing something else, and the end consumers who will have to pay for this.
Good intentions, but horrible execution.