January 13, 2022

Tag: Minimum Wage Law

Local Business Scoop, Los Angeles

New CBRE Research Report Says Minimum-Wage Increases Could Increase Costs for Occupiers of E-Commerce Facilities

Cost analysis finds $1 pay increase equivalent to 37 percent rent hike for a 500-employee facility Los Angeles – March 21 , 2016 – Rising minimum-wage levels across the U.S. stand to impose additional cost burdens on industrial-building occupiers, especially in labor-intensive, e-commerce fulfillment centers, according to an analysis by CBRE Group, Inc.

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