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Minimum Wage Hike May Hit Small Businesses

Minimum Wage Hike May Hit Small Businesses

Photo: WNAX


The one point nine trillion-dollar economic rescue plan released by President-elect Joe Biden includes bumping up the federal minimum wage to fifteen dollars an hour.

South Dakota Retailers Association Executive Director Nathan Sanderson says that’s just one small piece of a huge proposal.

Sanderson says most businesses view the current state minimum wage of nine forty five an hour just a starting point…

Sanderson says fifteen dollars an hour may be too much for many small businesses…

The plan may be sent to Congress later this week.