L.A. County supervisors agree to boost minimum wage to $15 an hour by 2020. Hilda Solis. Marcus Yam / Los Angeles Times. L.A. County supervisor Hilda Solis leads a rally by labor groups to raise the minimum wage to $15 by 2020 in Los Angeles on July 21. (Marcus Yam / Los Angeles Times).
The Company's internal growth rates represent the weighted average, year-over-year growth rates of revenues excluding the effects of foreign currency rate fluctuations and acquisitions.
What is 'Organic Growth'. Organic growth is the growth rate a company can achieve by increasing output and enhancing sales internally. This does not include profits or growth acquired from takeovers, acquisitions or mergers. Takeovers, acquisitions and mergers do not bring about profits generated within the company, and are therefore not considered organic growth.