Monday, May 28, 2007
Minimum Wage Increases
I'm posting this here, because I know that in the future I'll want to refer to it, and this makes it easy for me to find. At Marianas Eye Institute we pay our employees well enough that it will be a few years before the increase affects even our lowest paid employees. And they will have gotten raises by then anyway. The increase doesn't affect me directly, but I expect a gradual contraction of island businesses. At least the wait is over. Wall Street, and Main Street, hate uncertainty.