Photo Gallery: Secretary Perez Meets with Small Business Owners Who Support Raising the Minimum Wage
(January 23, 2014)
Secretary Perez meets with small business owners to hear their arguments in favor of raising the minimum wage.
Gina Schaefer, who owns nine hardware stores in the Washington, D.C. area, tells Secretary Perez that a higher starting wage means keeping employees longer which results in better customer service and more business.
Paul Saginaw, co-founder of Ann Arbor, Mich.-based Zingerman's Community of Businesses, says that an increase in the minimum wage would have only a small impact on the bottom line of his businesses, but "it's going to change millions of people's lives in a meaningful way."
(L-R) Secretary Perez, hardware stores owner Gina Schaefer and Vintage Vinyl owner Lew Prince listen as auto repair shop owner Jim Houser argues that higher wages leads to worker retention and a stronger bottom line.