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Business leaders complain about minimum wage hike
Mar 22, 2015 12:03 am
Robin K. Cooper in The Albany Business Review reports that at the journal's "Power Breakfast" Fri., March 20, several local business leaders complained about efforts to raise the state's minimum wage. "It's just a killer," Gary Dake, president of the 330-store Stewart's chain, said. "It forces us to increase our entire wage rate," Neil Golub, the executive chairman of Price Chopper supermarkets, said. Gov. Andrew Cuomo's wants to increase minimum wage from $8.75 to $10.50 an hour, and Dake says every $1 an hour increase costs Stewart's $1.30 to $1.40 an hour per employee. Read the full story in The Albany Business Review.