Connecticut’s minimum wage increased to $16.35 per hour as of yesterday, up from $15.69. The change comes under a 2019 law that adjusts wages annually based on federal employment cost data. Some business owners are reacting to the hike, saying rising wages reflect the growing cost of living but they say it won’t heavily impact their business. Meanwhile others, believe paying above the minimum helps retain staff and reduces training costs, a move some claim has paid off in the long run.