High turnover rates are costly for businesses. By raising the minimum wage, employers can improve worker satisfaction and loyalty, reducing turnover costs and enhancing productivity, which is beneficial for both businesses and the economy.

  • Voting position claim
  • Claim

Name

High turnover rates are costly for businesses. By raising the minimum wage, employers can improve worker satisfaction and loyalty, reducing turnover costs and enhancing productivity, which is beneficial for both businesses and the economy.

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Voting position claim
Claim

Quotes that support the claim

"From a business perspective, this can result in lower staff turnover, reducing recruitment and training costs. Productivity can increase, and there are even early signs that raising entry-level wages may be linked to increased revenue."

Supported voting positions

We should consider raising the minimum wage
Raise the minimum wage to $17
Raise the minimum wage to $15