For hourly workers in the state of Connecticut, today is your day as the hourly minimum wage rate moves to $12/hour (up $1/hour from the prior hourly wage rate.)
Some might not see this wage hike as a big deal. After all, other cities and states have seen wage hikes up to $15/hour. Nevertheless, this wage hike is likely to see ripples across the state...and not just for those hourly workers that will now take home a bit more money. For starters, there had been grumblings by many employers about increasing the minimum wage in the state while the coronavirus pandemic plays out. With some employers already feeling the burden of trying to make ends meet with the coronavirus pandemic forcing shut downs of businesses, limiting hours of operations, and keeping many customers away, increasing the minimum wage could not have come at a worse time for some employers in the state. Couple that with the fact that many employers are now going to pass this increased labor cost along to their customers (by raising prices), Jon and Jane Consumer will also be feeling the effects of the wage hike.
I am a bit surprised that the wage hike was not delayed until the coronavirus pandemic subsides. There is some precedent for that, as readers might recall. With that being said, for those that had fought to increase the minimum wage rate in the state, today is a day to celebrate.
For additional information: https://www.courant.com/politics/hc-pol-connecticut-minimum-wage-20200829-iv3cvcigy5fmdph5uxf76e2tme-story.html
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