Banks and credit unions should prepare their salary budgets for a minimum wage increase. We compare the highest minimum wage states to the highest unemployment states.
Basing hourly wages on 52 weeks or 2080 hours a year is a misleading oversimplification that we’ve all fallen for. Albeit a seemingly minor one, it’s a mathematical error that could be costing your budget thousands of dollars every year. If it were up to us, we would change the game and stop using 2080 […]
