​How would you handle $30 per hour minimum wage?

So with all the news from New York and the idea of $30 an hour minimum wage I was curious how other businesses would react to that becoming a reality for small businesses.

I know nothing of the actual plan, systems to enforce or adjust it, etc. but wanted to see how others would react if we had to suddenly cover $30 an hour for employees.

For my small business we would be fine, but likely raise prices to cover the cost or go with contractors as an exception for some roles (legally) vs in-house and likely a reduction in hours.

How would you fare? What would you do to adapt?

It is inherently political but stay on topic, business actions only reacting to a changing legal landscape.

submitted by /u/irpugboss
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