Paychex CEO Sees Positive Wage Pressure in Amazon's Pay Raise

The video discusses job growth and wage trends, highlighting differences between small and large businesses. It examines the impact of the $15 minimum wage, particularly Amazon's role, and its effects on the labor market. Regional employment trends are analyzed, showing how wage policies affect growth. The dynamics of wage increases and incentives are explored, emphasizing the importance of base wages. Finally, the video addresses business concentration and its influence on wage power and employee benefits.

How do regional differences affect employment growth in relation to minimum wage increases?

What role do bonuses and other incentives play in employee compensation, especially in the context of wage increases?

Discuss the impact of tax reform on wage increases for employees.