Saturday, November 7, 2015

Minimum wage hike: Hidden costs of compensation

Oregon currently has the second-highest minimum wage in the nation, behind only Washington State. That is due largely to the 2002 passage of Measure 25, a Constitutional amendment that raised the wage and requires it to be increased annually to adjust for inflation as it is measured by the Consumer Price Index (CPI).
Since then, Oregon’s minimum wage has increased, from the $6.90 per hour level set in 2002, to the current $9.25 per hour...


Read more at the Oregon Catalyst

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