Starting July 1, workers in over a dozen cities received pay bumps, as higher minimum wage laws kicked in across the country. One small business owner who acted ahead of the hikes is Gina Schaefer, owner of A Few Cool Hardware Stores. She raised the baseline pay for her employees to $16.10 per hour at all U.S. locations. Schaefer also continues to advocate for a federal minimum wage increase. "It just makes good sense for the bottom line of a business," she told Cheddar. "The more employees that have more money, the more they shop locally.”