I am all for raising wages, Vartan said. My problem is being told how to do it. The reality is, customers pay for everything. If expenses go up, so do prices.
Myers-Lipton said, however, that is what is expected. A 2 percent to 3 percent increase was something both Myers-Lipton and the UC Berkeley study predicted. The numbers are clear about the positive impact of the minimum wage (increase), Myers-Lipton said.
The pandemic has crippled much of the service industry, which employs a disproportionate number of low-wage and minimum-wage workers, many of whom are Black and Latino.
Some business owners say lost revenue due to the pandemic is an even greater reason they should fear a wage increase.
December 23, 2020
Bob Linschied, Silicon Valley Organization’s new interim CEO, works from his home office in Danville. Linschied has been making calls over the past week to community members who have been affected by the actions of SVO’s now dissolved political action committee. Photo courtesy of Bob Linschied.
It’s been more than a week since Bob Linscheid was named the Silicon Valley Organization’s interim CEO and he’s not wasting any time repairing the business organization’s stained reputation.
“I’ve been pretty much 100% SVO. In fact, my hours are insane. My wife wonders if I’m ever gonna come out of this room,” Linscheid told San José Spotlight. “I’m not going to work Christmas Eve or Christmas, but I’ll work every other day this year.”
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