Low-wage workers with additional earnings will spend more locally, boosting investment in Missouri small businesses. A higher wage also reduces costly employee turnover and increases worker loyalty, saving small businesses money from reduced recruitment, re-training, and re-staffing costs.1 That’s why a majority of small business owners support higher minimum wages for workers.
When wages are raised at the bottom, money goes right back into businesses and the larger community. When all businesses, including the large chains, have to pay a decent wage, it will level the playing field for us little guys and help us grow our business. – Mary Faucett, Owner of Bambino’s Café in Springfield