The Raise the Wage Act of 2021 aims to increase the Federal Minimum Wage to $15 per hour. If you feel this will negatively impact your business, DLI provides the following letter you may use to express your opinion to your government representatives.
Find contact information for your representatives here.
- - Sample Letter Text - -
Dear SENATOR or REPRESENTATIVE,
As a small business owner, I believe that raising the federal minimum wage to $15 per hour will do significant damage to my business. A small business like mine does not have the cash reserves or profit margins to absorb an increase in labor costs of this magnitude. My only choice will be to either increase the cost of services to my customers or reduce my labor costs. This means I may have to let some of my employees go or reduce their working hours. The retail drycleaning and laundry industry has been dramatically impacted by the pandemic. My business has fallen to 40-60% of what it was prior to the start of the pandemic and I do not see it recovering to 100% of what it was before the pandemic. Throughout this difficult time I have worked very hard to keep as many of my employees on the payroll as possible. I am not alone, this loss of business is happening across our industry as people continue to work from home and are not going out to dinner or attending social events like weddings.
The National Federation of Independent Businesses (NFIB) estimates that legislation to substantially increase the federal minimum wage will reduce employment by 1.6 million jobs by 2029. Businesses with fewer than 100 employees, like mine, will absorb 700,000 of those job losses, 43% of all jobs lost.
I strongly urge you to oppose the Raise the Wage Act of 2021.