Keep Colorado Working Plan to Defeat Initiative 101 in the Fall 2016 Colorado Election 1 Current Minimum Wage Facts In 2006, minimum wage was placed in the Colorado Constitution $8.31/hr Current Colorado Minimum Wage Set to increase annually according to inflation – indexed to CPI for Denver/Boulder/Greeley 61% Increase Colorado Minimum Wage has increased since 2006 (2006=$5.15 to 2016=$8.31) Keep Colorado Working 2 Proposed Initiative 101 CONSTITUTIONAL AMENDMENT Only altered via future Constitutional Amendment INCREASE 44% Increases Colorado Minimum Wage by 44% Petitions are being circulated by Colorado Families for a Fair Wage Keep Colorado Working 3 NO Compromise COMPROMISE The answer from labor unions was “NO” =X Proponents said their eventual goal is to see minimum wage at $15/hour. Keep Colorado Working 4 Initiative 101 Increases $8.31/hr 2016 $10.20/hr 2018 $9.30/hr 2017 $12.00/hr 2020 $11.10/hr 2019 Keep Colorado Working 5 Why is defeating Initiative 101 important to YOU? Keep Colorado Working 6 Impacts of Minimum Wage Increase Small businesses, including family-owned businesses, will be hit the hardest. HURTS SMALL BUSINESS They will be forced to: Cut jobs Reduce hours Layoff hourly employees React to wage compression SNAPSHOT: Colorado small businesses dominate the state’s economy + 97.6% of CO employers + 563,917 locations + 991,542 employees Keep Colorado Working 7 Impacts of Minimum Wage Increase REDUCED BUYING POWER Reduced buying power for all Coloradans One size fits all ONE SIZE ≠ FIT ALL approach for a diverse state—rural communities are hit disproportionally harder Does NOT position ≠ COMPETITIVE Colorado as a competitive state Keep Colorado Working 8 Impacts of Minimum Wage Increase REAL LIFE EXAMPLE “Jill” Small Business Owner in Denver Restaurant for 30 years 85 employees (avg 12-15 years) $30-35/hr servers and $18-22/hr bussers Initiative 101 will force her to: + lay off 15 employees + raise prices + reduce customer service Keep Colorado Working 9 Studies on Impact Of Minimum Wage Hikes 500,000 JOBS LOST NATIONALLY AT $10.10/hr 90,000 JOBS LOST IN COLORADO 10 10 Keep Colorado Working Massive Job Loss Initiative 101 would kill 90,000 Colorado jobs by 2022. 90,000 JOBS 11 11 Keep Colorado Working Massive Job Loss Combined populations of: + Breckenridge + Burlington + Durango + Estes Park + Glenwood Springs + Golden + La Junta + Superior + Trinidad Initiative 101 would kill 90,000 Colorado jobs by 2022. 12 12 90,721 Keep Colorado Working Massive Wage Loss $3.9 BILLION in reduced Colorado wages by 2022 13 13 Keep Colorado Working Impact on Young Workers MASSIVE LOSS in entry-level jobs and training opportunities for young workers 14 14 Keep Colorado Working Defeating Initiative 101 Conducted research Developing broad-based coalition Building financial support to ensure messages saturate among persuadable voters Keep Colorado Working 15 Research: Overall opinion of measure Late June 2016 *Asked at beginning of survey* If the general election was held today and you had to make a choice, would you vote yes, in favor of, or no, against this ballot initiative to increase the minimum wage? Noagainst 44% Yes-in favor 53% Undecided 3% Keep Colorado Working 16 Research: Top “No” Arguments Late June 2016 Small businesses will be hardest hit Likely to hurt the very people it is meant to help Will kill 90,000 Colorado jobs by 2022 One-size-fits-all approach is unreasonable and unfair Will eliminate entry-level jobs and reduce valuable training opportunities This measure goes too far 17 Research: Follow-up Opinion Late June 2016 BEFORE MESSAGING Noagainst 44% Undecided 3% AFTER MESSAGING Yes-in favor 53% Noagainst 52% *Asked after arguments both for and against the measure* 18 Yes-in favor 46% Undecided 3% Defeating Unreasonable Minimum Wage Hikes Colorado as National Forerunner 18 out of 20 70% Minimum Wage Ballot Initiatives have won Passed by nearly 70% in Alaska and Illinois in 2014 None of the successful recent minimum wage ballot measures have been as radical as Colorado’s proposal Colorado can be the first to beat back the unions on minimum wage Keep Colorado Working 19 We Need Your Help! Officially oppose OFFICIALLY OPPOSE Initiative 101 and the proposed minimum wage increase Contribute to Keep CONTRIBUTE Colorado Working as an organization, as an individual company, or franchise SHARE STORIES Share your stories Keep Colorado Working 20 Do you really think it will stop here? Keep Colorado Working 21 We can and must defeat initiative 101 22
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