October 3, 2019
New research from Gusto shows that a $15 minimum wage would make employees of small businesses much less likely to leave their job. Employees making the federal minimum wage of $7.25 have a 70 percent chance of leaving their job within a year. That figure drops to just 41 percent at $15 an hour. Riddhi Shah, Head of Organic Growth for Gusto, joined Cheddar to discuss the company’s findings.