Majority of Workers in Favor of Giving America a Raise
Press release from the issuing company
Wednesday, October 15th, 2014
The majority of employees would support raising the minimum wage to $10.10 an hour for all employees, according to results from the 2014 "Getting Paid In America" survey conducted by the American Payroll Association. The results showed that nearly 68 percent of employees are in favor of raising the minimum wage for all American workers, not just federal employees.
"Competitive compensation is intricately tied to employee satisfaction," said Andy Denka, executive vice president with global specialized staffing firm Robert Half who manages operations for its Accountemps division.
The annual "Getting Paid In America" survey asked respondents "Would you support raising the minimum wage to $10.10 an hour for all of America's employees?" The majority of respondents said they would be in favor of this move.
The trend toward supporting higher wages is further shown in the survey results with 57 percent of respondents saying they would rather receive higher wages than better health benefits. This is a two-percent increase from the 2013 survey results.
"To recruit and retain talented payroll professionals today, it is critical that companies ensure their salaries are at or above market rates," said Denka.
President Obama issued an Executive Order raising the minimum wage for federal contractor employees. The plan would raise the minimum wage to $10.10/hr, and also provide for automatic annual increases linked to changes in the cost of living. Several cities and states have responded by passing laws to increase, or seeking to increase, their minimum wage.
The "Getting Paid In America" survey was held in conjunction with APA's annual public awareness campaign, National Payroll Week (NPW). Over 27,000 employees responded to the survey, providing insight into how workers are paid in America. For complete results, visit www.nationalpayrollweek.com.