The one-third of managers who didn't support the increase were asked why they were opposed to it. Here's the breakdown of their replies:

It can cause employers to hire less people: 66 percent
It can cause issues for small businesses struggling to get by: 65 percent
It can cause hikes in prices to offset labor costs: 62 percent
It can mean potential layoffs: 50 percent
It can lead to increased use of automation as a replacement for workers: 32 percent
Wages for higher-level workers may suffer and create retention issues: 29 percent

Other tidbits from the survey include:

68 percent of female managers support an increase, vs. 57 percent of male managers.
71 percent of young employers (ages 18-34) support an increase.
61 percent of middle-agers support it.
56 percent of those 55 and older support it.
68 percent of those in retail support it — the highest of any industry.
52 percent of manufacturers support it — the lowest of any industry.
64 percent of managers in the Northeastern U.S. support it;
63 percent in the South;
62 percent in the West;
58 percent in the Midwest.
Highest percentage of support by company size (67 percent) came from managers with companies employing between 501-1,000 people.
Lowest percentage by company (59 percent) came from managers with small businesses (less than 50 employees).

Instant Insights /

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