Washington Minimum Wage Has Bad News
IncSmart Washington (Small Business and Startups) - Washington minimum wage has bad news for it's small business.  Employers are struggling with the increase minimum wage.   Small business have had to  cut their payrolls.  Some have stopped hiring, but the real problem is letting their workers go.  Three years ago, Seattle became one of the first cities in the nation to agree with  a $15-an-hour minimum wage.  The increase as to be phased in over several years.  The consequences to low wage workers in Seattle have outweighed the benefits by a ratio of three to one.

The study from a group of economist researchers from the University of Washington in Seattle.  The study suggests that the minimum wage has a negative effect on employment.  The new wages of created a significant reduction in work hours.  Now, the average minimum wage worker lost $125 a month.  The debate is taking a turn among Washington's economists, politicians, businesses and labor organizers.  Larger companies on the other hand find it easier to raise wages.  Seattle's economy is also booming.  They fear the minimum wages may slow small business and startups. 
By Sandy Roberts

Starting a Business in Washington

For 10 years, IncSmart.biz Business Services has helped companies and people from all over the world form Washington Corporations and Washington Limited Liability Companies. When you call, email, text, message or live chat with our office, expect personal attention.  Small business is the heart of IncSmart. 

We are very excited about helping you form your new company.  Each state is so different when it comes to filing documents, you will know right away you are in the right place.  #incsmart

Think Smart. Think IncSmart.

Speak with IncSmart
Phone: 888-681-9777
Mon-Fri 8am to 4pm PT


Registered Agent Services

AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS
MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY

Add Comment

?