The Voice of Business Advocates for a Slow and Measured Increase to Minimum Wage.
On November 17, 2017, the Parksville & District Chamber of Commerce appeared before the Government of BC's Fair Wage Commission to present our postition on how BC should achieve their goal of implementing a minimum wage of $15/hr.
We recognize the difficulties that a sudden increase to minimum wages presents to business and wanted to ensure we voiced those concerns to government. We consulted with several of our members in the service sector prior to preparing the presentation. The postion we presented sought a gradual increase on a set formula that would allow businesses to prepare for those increases.
What determines a fair wage? It is often explained using the theory of supply and demand where in a market place with a shortage of workers employers must compete for the best workers for their business and in a market with a surplus of workers, employers can be selective about who they hire. In reality that is not so. Unfortunately, there are some who will try to help themselves at the expense of others. To protect peaceful productive citizens against those who resort to such actions, government intervention is necessary.
The institution of minimum wages provided a tool to protect the most vulnerable workers from exploitation. This was at a time where people had little to no recourse for unfair work practices and in fact many of the people who were looking to be protected were not even franchised when the early minimum wages were introduced to protect women and children.