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Domino Effect of the Minimum Wage Increase

Oct
13
2020
Tue 11:00 AM to 12:00 PM
Online
Facilitated by Yavapai College SBDC
Topic: Managing a Business

Hosted jointly by the Yavapai College SBDC. SCORE, Laura J. Hamblin, Employment Law Attorney, and the Coconino SBDC, this will be an interactive discussion about the impact the new minimum wage increase can have on small businesses. A particular focus of the discussion will be on the domino effect this may have beyond just the salary increase for minimum wage staff. Issues that come into play are wage compression, employment tax increases, vacation and health care costs, and family leave costs, as well as budgeting for the next three years. Deeper dives into planning and budgeting will follow in subsequent conversations.

Here are two initial discussion questions to consider beforehand: • What are the changes you will make from a budget/financial standpoint? • Do you have additional thoughts or consideration on the upcoming change given the existing impacts of COVID on your business?

Speaker(s): Jeri Denniston, Yavapai College SBDC; Gina Couilard, Coconino SBDC; Laura J. Hamblin, Employment Law Attorney; and Dick Milon, Northern AZ SCORE

Please note, your registration is not complete until you you click on the Zoom link provided at the end of the registration process. This will confirm your enrollment and you will receive the Zoom link for the webinar. Thank you.


Fee: No Cost