New Minimum Wage Location Trends

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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As one of the largest global business process outsourcing companies, it is critical to operate in strategic locations to successfully manage the needs of our customers. Site Selection Group has enabled us to find these locations through their integrated platform of labor analytic, economic incentive and real estate services. They have become a true partner and consistently exceed our expectations on every project.

Miranda Collard, President - Enterprise Delivery / Teleperformance