Minimum Wage Report 2020

Due to the importance that labor costs play in the site selection process, corporations will increase their scrutiny of — and perhaps penalize — states that raise rates beyond the federal minimum. To understand the potential impact of minimum wage rate changes on corporate location decisions, Site Selection Group has analyzed the near term minimum wage changes by state in this report. Learn about the following trends:

  • Industries that be at the greatest risk
  • Types of employees that will be impacted
  • States with the projected highest minimum wage increases
  • Potential impact of increasing minimum wage rates on the economy

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Site Selection Group has been instrumental in helping Mood Media and two other companies I have been the CEO of, strategically manage the firm’s global real estate portfolio and create solutions for enhanced effectiveness and efficiencies. Their clear focus on our business objectives has made them an invaluable Partner, and one we clearly count on and trust to help best direct our assets and resources.

Steve Richards, CEO & President / Mood Media