Minimum wage increase isn’t so bad

While some think the minimum wage increase is bad for small businesses, many are saying that it’s not as big of a deal as some may think. By 2009 the minimum wage for all businesses will be $7.25 and hour, 41% higher than the current $5.15 minimum wage. But many small business owners say that the increase isn’t going to hurt their business since they already pay employees more than minimum wage anyhow. Straight from Reuters:

Mark McCurry, the president of A1 Express, an Atlanta-based delivery service, said all of his 100 employees, including several dozen drivers, are paid above the state minimum of $5.15 an hour.

“I don’t know how you could pay anyone less than five bucks an hour in good conscience,” McCurry said.

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