Inside the 4Q/2016 Monitor
Small Business and the Minimum Wage
The Long Beach City Council recently voted to adopt a minimum wage policy consistent with the new CA state government statute. Under the new law, the minimum wage in Long Beach will increase from the current $10 per hour to $10.50 per hour at the beginning of 2017. It will then increase to $11 in 2018 and then incrementally every year until reaching $15 per hour in 2022. Smaller businesses (25 employees and under) will have an extra year to phase in the wage increases.
In our survey, we asked Long Beach Small Business Owners what they thought about the increase in the local minimum wage. Long Beach small business owners are split in their opinions. As shown in the chart below, 45% support, 45% oppose and 10% are undecided.
Q: The current minimum wage is $10 per hour.
Would you support or oppose a local ordinance to raise the minimum wage incrementally every year till reaching $15 per hour?
Community & Group Presentations
Click on the link to get more information about the LB Small Business Monitor. You may also contact us to schedule a personalized presentation for your community or business group by a CSULB Business Professor.
In This Issue
We look at the opinions of Long Beach Small Business toward the new minimum wage initiatives recently passed by the LB City Council and State Government in Sacramento.
The purpose of the Long Beach Small Business Monitor is to provide the greater Long Beach region an understanding of the expectations, struggles and desires of Long Beach Small Business owners
Support/Oppose Minimum Wage
Factors Affecting Attitudes
Attitudes in Areas of LB
Method/CBA Web Site
- 2016 Q2 - Small Business Expectations Index Digital Marketing
- 2016 Q1 - Small Business Expectations Index 2015
- 2015 Q4 - Small Business and the Affordable Care Act Year 3
- 2015 Q3 - City Gov’t Job Performance Scorecard.
- 2015 Q2 - What Does Small Business Need to Succeed.
- 2015 Q1 - Small Business Expectations Index 2015
- Summer 2014 - Struggles with Online Marketing
- Spring 2014 - Long Beach Small Business and the Affordable Care Act.
- Winter 2014 - Small Business Expectations Index
- Summer 2013: Small Business Ratings of Local Government Job Performance
- Spring 2013: Small Business Expectations for 2013
- Winter 2013: Good time to open a small business in Long Beach
- Summer 2012: Small Business Rates Local Government
- Spring 2012: Small Business Expectations for 2012
- Winter 2012: Small Business Performance in 2012