The President´s Push For An Increase to Minimum Wage.
I always expect the best from people and I am seldom disappointed. When President Obama announced his decision to support an increase to minimum wage , I cheered and expected companies to want to make things better for their employees.
In order to garnish support for the measure before Congress, the White House began meetings with representatives of America´s largest corporations in an attempt to enlist their support to the increase to the minimum wage. As a sign of the talk’s success, The Gap recently announced intention to have an increase to minimum wage. First increase to $9.00 per hour employees to $10.00 and giant Wal-Mart has announced intention to look into a possible increase also. I understand that other companies are also making similar announcements.
President Obama is right; U.S. employees need to earn a better wage. Supporting a family is difficult for many blue collar and service industry workers; we must join in and support this worthwhile cause.
The U.S. Congressional Office has reported that raising the minimum wage to $10.10 would move approximately 900,000 Americans out of poverty and bring an income increase 16 million people. Louisiana has the fourth highest percentage of hourly workers in the country who are earning a minimum wage or less income.
Many experts are now saying that an increase in wages will afford companies a higher retention rate of employees since a happy employee is a more productive employee. We have seen rallies and protests in several U.S. cities calling for an increase in the minimum wage for fast food workers calling it “living wage.”
We support the President on this issue and trust that more American companies will rise to the challenge and bring their employees up to a wage that permits families to earn a better wage.
I am Attorney Martin E. Regan, Jr. and these are my personal thoughts…