Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

Seattle Votes For $15 Minimum Wage

Photospin Photospin
Photospin Photospin

The people of Seattle have spoken and their government has listened. The minimum wage in Seattle has just been raised to $15/hr, making it the highest in the country. Seattle Mayor Ed Murray had officially proposed the increase and is expected to sign the ordinance within the next day or so. Washington already has the highest minimum wage in the country at $9.32, so the approval is not as surprising as it would have been if passed in another part of the U.S.

The minimum wage increase will be introduced gradually. Large business will be expected to switch to the $15/hr rate by 2017. By 2021 all business in Seattle will be paying employees the new minimum wage. The first increase will begin on April 1, 2015 when the minimum wage will hover around $10 to $11 an hour depending on the scale of the business. 15 For Seattle, a minimum wage advocacy group, expects that up 100,000 workers will benefit from the new minimum wage.

Mayor Murray proposed the plan as a middle ground between those who demanded an immediate wage hike and worried business owners afraid they could not afford a raised minimum wage. The official proposal came out of a committee appointed by Murray who elected both business and labor leaders. Of course you can’t please everyone. Some feel that there is too much time between now and when business are obligated to raise their wages. Small business owners that have second and third locations are upset because under the new wage increase they will be classified as larger businesses, and will have to adhere to the increase sooner than later.

Recently there had been a push for a national minimum wage of $10.10, though the proposition never gathered any real steam. It is hard to see a future in which the minimum wage will ever be raised on a national level. Democrats and Republicans now make it a point to object to and block any proposal their counterparts might make. Minimum wage may need to just stay a state issue for any real results to be seen. States such as California and Washington already pay their workers a minimum wage far above the national average. Seattle has just proven that politics do not have to get in the way of people making a decent wage. Maybe the politicians in D.C. can take note, though that will most likely never happen.

 


Comment Template

You May Also Like

Business

On Friday, Apple delivered a message to employees that were striking given its reputation for secrecy: a reminder that workers may discuss wages, hours,...

Business

Nike says “Just Do It” to wage increases Nike announced on Monday that it will increase the wages for roughly 7,000 employees. Spokeswoman Sandra...

Politics

The National Rifles Association (NRA) is suing the city of Seattle alongside two gun-owning civilians for a law that passed earlier this year. The...

Politics

A 7-2 vote last Tuesday by The Seattle City Council is a surprise victory for huge companies including Amazon and Starbucks. The vote repeals...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok