Arn Menconi: We suck at minimum wage

“I mean, we suck,” U.S. Labor Secretary Thomas Perez said in October at a Bloomberg News breakfast, speaking on minimum wage. “We really do.”Vail Resorts recently notified employees via email that the company is raising its minimum wage to $10 per hour. I was surprised this has received so much coverage when McDonald’s already announced that the average hourly wage for its employees at company-owned restaurants will be more than $10 per hour by the end of 2016. The fast-food giant will