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CEO Jerry Skillett Discusses Raising the Minimum Wage with The Street

September 29, 2017

Minimum wage increases are good for businesses, because supporting his employees will ultimately lead to better service for his customers, said Jerry Skillett, CEO of Citizens Parking in New York City. By embracing hourly wage hikes and increasing his employees' salaries to $12.25 to $18.31 an hour, he estimates that there will be less turnover, higher productivity and more disposable income for his employees.

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