Companies Are Not Waiting for the Federal Government to Increase the Minimum Wage

Pay disparity is a huge topic of conversation in this country. Many activists and politicians have called for raising the minimum wage in the U.S., so workers will have what is generally considered a living wage. There will be variation in the amount of the desired increase depending on whose proposal it is. Generally, calls range for it to be raised to anywhere from $9 an hour up to $15 an hour. States are known for not waiting on the federal government to raise the pay for workers. Susan McGalla says that currently, 29 states and the District of Columbia have a minimum wage that is higher than the national rate of $7.25 an hour. What is a relatively new phenomena is that individual companies are not waiting for the minimum wage to be increased to start paying their workers more.

Companies that have started paying their workers more than the minimum include Ikea, The Gap, Costco, Ben & Jerry’s and Whole Foods. Tesla is also getting in on it. They will be opening a giant battery factory in Nevada where they plan to pay their workers $25 an hour. This is more than what other automobile companies pay new hires and is way more than what any parts suppliers pay their employees. Walmart, the company that advocates for raising the minimum wage have loved to hate, is finally boosting its starting wage to $9 an hour in April. As the largest single employer in the U.S., you know this trend of increasing employee pay is more than a fad.