• 65% believe that raising the minimum wage would have no or minimal impact on their company’s profit.

  • 52% feel that raising the minimum wage would have a negative impact on the growth of the U.S. economy.

  • 29% believe that such an increase would result in staff reductions.

  • 25% believe their firms would have to cut services or hours in response to a raise in minimum wage.

  • 57% don’t believe an increase in the minimum wage would cause their firm to significantly raise prices.

Read the full report in the IMA Pulse blog at http://bit.ly/1RMyN1h.

About the Authors

Raef Lawson , Ph.D., CMA, CSCA, CPA, CFA, CAE
Raef Lawson, Ph.D., CMA, CSCA, CPA, CFA, CAE, is the Chair of IMA’s Research Foundation and former professor-in-residence and vice president of research and policy at IMA. You can reach him at raeflawson@outlook.com.

August 2015

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