Only 9% favor immediate $15 minimum wage in Seattle

By KTTH | April 14, 2014
Minimum Wage Seattle

Only 9 percent of Seattle neighborhood businesses support an immediate $15 minimum wage, according to a March study by the Greater Seattle Business Association.

The GSBA sent surveys to a more than a dozen Seattle neighborhood business associations, which asked its members to weigh in on questions regarding the $15 wage. In total, 251 businesses weighed in – and the results are not favorable toward a higher wage.

Small businesses reported that they would have to cut employees (51 percent of respondents), increase prices (55 percent of respondents), change benefits (34 percent of respondents), and 59 percent of respondents said they expect a 6 percent or more increase in total operational costs – 25 percent said they would expect a more than 20 percent increase in costs.

A majority of the businesses say that, if there must be an increase to $15, it should be phased in over three years.

The Greater Seattle Business Association surveyed a huge number of local business associations across the city from the Ballard Chamber of Commerce to the West Seattle Chamber. Read the full survey results here.

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