Story URL: http://news.medill.northwestern.edu/chicago/news.aspx?id=227485
Story Retrieval Date: 1/27/2015 8:24:16 AM CST
Mia Robles says one of her favorite things about working at Sugar Bliss Cake Boutique is taste-testing cupcakes.
Higher minimum wages can benefit businesses
Governor Pat Quinn is pushing to raise the minimum wage in Illinois up
to $10 from $8.25, but will this hurt small businesses in Chicago? Owner
of Sugar Bliss Cake Boutique, Teresa Ging, has been paying her
full-time employees more than the minimum wage for years. She even
offers healthcare benefits. Some people may think that raising the
minimum wage will hurt small businesses, but Professor Patrick J. Murphy
at DePaul University says the opposite is true. He talks about how
higher pay can help with turnover rates and bring more talented people
to the workplace. It could be tough short-term for companies to manage
people their employees more, but he says it will help companies learn
how to survive by being smarter.