by Susan Dunn 1/27/2015
Kudos to Aetna CEO Mark Bertolini for doing just that in raising the company’s minimum wage to $16 per hour. Connecticut United Ways’ recently released ALICE Report finds that for a single adult, an hourly wage of $10.97 is required just to meet a “survival” budget. Our state minimum wage almost gets us there in 2017, and Aetna has more than gotten its employees on the road to a living wage.
However, for a family of four, the ALICE Report found that an hourly wage of $32.34 is needed to afford the essentials in Connecticut. Aetna’s leadership demonstrates that progress is surely being made, but we still have a long way to go for families in our state.
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