So in Jan 2016 minimum wage will go up one whole dollar at $10.

Currently I have a few employees that are hired at the minimum wage.

I am not good at the math stuff and not too sure how to figure out how to increase my rates to support this new wage increase.

Also, in the last three months the cost of food is getting to become out of control. I am already on the food program, getting the lowest tier possible.
I slightly raised my rates back in August, but I won't have a choice but to raise them again.

Many comapnies around here just gave another COLA rasie.

How do I figure out how much to increase my daycare rates?

thanks.

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