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Post by Logan on Jul 7, 2016 5:01:01 GMT -6
Against criticism, Saipan Chamber of Commerce president Velma Palacios said yesterday that local businesses are not suppressing wages to the detriment of attracting more local workers and that in fact, a majority of businesses have been paying dollars higher than the minimum wage to retain much needed workers in a growing economy and against competition from new developers. Palacios also said, responding to questions from Saipan Tribune, that they are open to a push through the local legislature to raise the local minimum wage even higher than the set increase of $6.55 this September, jumping a couple of rungs up the ladder on the increases set every two years until the CNMI reaches the federal minimum wage of $7.25. She told Saipan Tribune that staff from the Office of the Governor and the Chamber are trying to meet to discuss a possible increase in the minimum wage. “I definitely would support that. But again, the only concern would be with those small and pop businesses.” Read more: www.saipantribune.com/index.php/chamber-open-increasing-minimum-wage-past-6-55/
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