Hi Fellow Techies!
I'm the Co-Founder and CEO of a tech company called MobilizeUs and a proud member of the Entrepreneur Fund of Colorado. I'm currently serving as the Business Campaign Manager for the $12 by 2020 Minimum Wage Ballot Initiative, and am therefore writing to ask you to sign the Colorado Business for a Fair Minimum Wage Statement (below) in favor of raising the state minimum wage, which is now $8.31 an hour - just $17,285 a year for Coloradans working full time. Gradually raising Colorado’s minimum wage to $12 by 2020 will be good for business, customers and our local economy.
If you sign, tou’ll be in great company with tech industry leaders such as Techstars, Simple Energy, and FullContact, Inc.; as well as businesses like Ben & Jerry’s, Eileen Fisher, Polar Bottle, Boreas Group, Seventh Generation, Goodbee & Associates, Organic India USA, Correa Agency, Colorado Sustainable Financial Planning, Simple Energy, Dr. Bronner’s, Mercury Cafe, Renewable Choice Energy, and many more around the state.
The stronger the support from business people like you, the more likely the incremental increase to $12 by 2020 proposed in a ballot initiative will pass. It takes 2 minutes to sign online or we can do it for you.
Thanks for your time and consideration, and please don't hesitate to contact me if you have any questions,
Debra
Debra Brown
Business Campaign Manager
Colorado Business for a Fair Minimum Wage
Phone: 720-917-4900
Email: [email protected]
Colorado Business for a Fair Minimum Wage Statement
As business owners and executives, we support gradually increasing Colorado’s minimum wage. It’s good for business, customers and our local economy. Today’s $8.31 minimum wage – just $17,285 a year for Coloradans working full time – actually has less purchasing power than minimum wage in the 1960s.
Raising Colorado’s minimum wage makes good business sense. Increased pay means increased consumer buying power – boosting sales at local businesses as Colorado workers buy products and services they could not afford to buy before. Low pay typically means high employee turnover. Businesses see cost savings in hiring and training and less product waste with lower turnover. Businesses also benefit from increased productivity, product quality and customer satisfaction.
Raising the minimum wage will strengthen the economy and reduce the strain on the social safety net caused by inadequate wages for working Coloradans. The most rigorous research on the impact of actual minimum wage increases shows they do not increase unemployment. In nationwide polling, the majority of small business owners support raising the minimum wage to $12 by 2020.
We support gradually increasing Colorado’s minimum wage, first to $9.30 on January 1, 2017 and then by 90 cents a year until it reaches $12 in January 2020, as proposed in a ballot initiative, and then adjusting it annually so the minimum wage keeps up with the cost of living rather than falling behind.
