By the HR Specialist: Compensation and Benefits
Business Management Daily, Nov 5, 2012

File this under “Unexpected.” A coalition of small business owners is calling on Congress to increase the federal minimum wage to $9.80 per hour, or $2.55 more than the current rate. The goal: to increase poor workers’ spending in hopes of stimulating the economy.

“At $7.25 an hour, the current minimum wage comes to just $15,080 a year for full-time work. Today’s minimum wage workers have far less buying power” than previous generations did, said a statement by a group called Business for Shared Prosperity. It says it’s “a national network of forward thinking business owners and executives.”

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http://www.businessmanagementdaily.com/33161/huh-small-biz-owners-call-…;