Originally Posted by
FLYMSY
I was watching an interview on the news today with the owner of an ice cream parlor in Pittsburgh. He raised his minimum wage to $15/hr and he stated that it actually helped his business. He received a very large number of applications and was able to hire more competent staff, which reduced training time and resulted in fewer order mistakes and less wastage. .
Nightmare scenario for restaurant owners, I wager. Competitor (direct or indirect) raises offered wages so all the good employees leave. Have to raise wages offered to win some back (or recruit new, good employees), competitors raise wages in response.