Full and original article posted on Worcester Business Journal
Raising the Massachusetts’ minimum wage to $15 per hour would hurt business and result in 40 percent of Worcester’s workforce getting a pay raise, according to a report released Thursday from the Worcester Regional Research Bureau.
Such a move, however, could hurt some companies already working with a thin profit margin, WRRB said.
About 24,000 employees – 31 percent of workers – would see a direct increase, while another 7,000, or 9 percent, would see an indirect rise as employers increase wages to maintain a salary hierarchy, WRRB said.
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