NJBIA President & CEO Michele N. Siekerka, Esq. issued the following statement regarding today’s press conference by Governor Murphy on increasing New Jersey’s minimum wage to $15 an hour.

“Any pathway to raising the minimum wage must take into consideration the impact these actions will have on our small business owners, who are the backbone of our communities and our downtowns.

“Many of our members have already told us they will not be able to absorb a significant increase in the minimum wage without reducing staff, hours or benefits, raising prices or automating. As such, and as we heard in today’s press conference, the pathway must be a gradual phased-in one affording our job creators predictability and the ability to keep up with the continuing rising costs of running their business.

“Further, raising the rate at the entry level means resetting the rate for other workers across the board. Concerns about wage compression are real and can create inequitable pay differentials between low-skilled workers and trained or experienced ones.

“Finally, because higher skill levels demand higher wages, NJBIA strongly feels that job training should be a key aspect in any discussion regarding increasing the minimum wage.

“NJBIA will continue to advance a dialogue that calls for a gradual phase in of any increase and appropriate exemptions to address youth and training wages, as well as various industry sectors that will be hard pressed to carry the burden of the cost increase.”

3 responses to “NJBIA Statement on $15-an-hour Minimum Wage Discussion”

  1. Michael Zusack says:

    Not only do I now have to pay sick pay for a seasonal employees, now this. When will it end?
    These two legislation’s will cost this business $100,000 plus payroll taxes more next year alone if the minimum wage is raised to $11 per hour this coming January. This guy is insane.

  2. Dan G. says:

    This is about pandering for votes and increasing State revenue.
    Just increase the State tax. You are not shy and have on just about everything else! You’ll accomplish the same thing without destroying the economy. By the way, has anyone even considered less spending???

  3. Great job Michele and the whole NJBIA Team!!