Retail Council statement on Governor Cuomo's minimum wage announcement

ALBANY, NY (09/10/2015)(readMedia)-- Retail Council of New York State President and CEO Ted Potrikus today issued the following statement on today's announcement from Governor Cuomo calling for a legislated statewide minimum wage that would reach $15/hour:

Governor Cuomo could not have been more clear in January that a minimum wage increase stood among his highest priorities. He put on the table what we thought to be a reasonable and responsible legislative proposal, and we supported it at that time.

Retailers are concerned about the effect of a $15-an-hour threshold on the industry's ability to create and provide jobs. We acknowledge, though, that all workers deserve a level playing field.

The proposal as we understand it provides a ramp for employers to prepare for the new wage. It looks to be a longer-term extrapolation of the proposals we have supported in the past, and we appreciate Governor Cuomo's continued consideration of the need for a practical statewide legislative response to what can be a highly-charged issue.

We see value in the Governor's proposal and look forward to continuing our dialogue with him on this issue.