The Business Journals: Majority of business leaders back minimum wage hike
By Andy Medici
The Business Journals, March 6, 2023
A majority of business leaders and executives support annual increases in the federal minimum wage, according to a new survey by compensation data and services firm PayScale Inc.
The survey of compensation professionals, human resources leaders and business executives found 75% of U.S. respondents agreed the federal minimum wage should be increased. About 66% said the minimum wage, which currently stands at $7.25 per hour, should go up automatically every year to keep up pace with the cost of living. ...
The federal minimum wage, however, has remained unchanged...