Massachusetts Governor Charlie BakerÂ just signedÂ the â€œGrand Bargainâ€ bill, a bill which will raise the minimum wage to $15 and increase the wage for tipped workers to $6.75 over the next five years. Other items also included in the bill are phased out extra pay for clocked in workers on Sundays and holidays, a developed program for paid family and medical leave, and a mandated annual summer sales tax-free weekend.
PharmaLogics could not be more thrilled about the signing of this bill. CEO and Founder, Megan Driscoll, has voiced her support along with more than 300 other business leaders through Business for a Fair Minimum Wage, a national network of business owners and executives who believes a fair minimum wage makes good business sense. Earlier this year, Megan testified at hearings and spoke at the State House to advocate for this movement alongside Business for a Fair Minimum Wage and Raise Up Massachusetts, a grassroots coalition of community organizations, religious groups, and labor unions committed to building an economy that works for everyone.
â€œRaising the minimum wage is a win-win for Massachusetts businesses and workers,â€ saidÂ Holly Sklar, the CEO of Business for a Fair Minimum Wage.Â â€œMinimum wage increases will boost the consumer buying power that businesses depend on to thrive and create jobs. And with wages workers can live on, businesses will see lower employee turnover, increased productivity and happier customers. Itâ€™s great to see Massachusetts joining California, New York and Washington DC in raising the minimum wage to $15 and boosting our economy from the bottom up.â€
In a statement published Tuesday, Raise Up said, â€œMassachusetts workers will now have a $15 minimum wage and the strongest, most progressive paid family and medical leave program in the nation. Weâ€™ve won the Fight for $15, and weâ€™ve won the fight to ensure that workers can take job-protected paid time off from work to take care of themselves or a family member after a medical emergency of the birth or adoption of a new child.â€
When asked to comment on this monumental victory, Megan Driscoll responded, â€œAs an employer, employees are your greatest assets. The current $11 minimum wage is not enough to live on. Raising the minimum wage to $15 is an investment in our people, businesses, and economy and Iâ€™m grateful and proud to see Massachusetts taking this important step forward.â€