By Ashley Portillo
CBS News, November 15, 2024
At the start of the new year, some Colorado workers will get a bump in pay as Denver's minimum wage will go up 52 cents, from $18.29 to $18.81. ...
Pete Turner is the owner of Illegal Pete's. With more than a dozen locations, he employs about 500 people and has been advocating for higher minimum wage for years.
"I wondered, was there a way that we could make the wage more equitable and more livable and still run a successful business and grow?" said Turner.
At his business, he launched a living wage initiative in 2015.
"My theory was that we would get better people. They would stick around longer," said Turner. ...
"It has been challenging for us to to manage our cost structure, to still continue to be profitable and to grow. But that was the work I was willing to take on," said Turner. ...