Above and beyond, that’s what the City of Richmond, California was striving for as they passed a minimum wage ordinance that would create a citywide minimum wage reaching $12.30 per hour by 2017, if the ordinance achieves final approval in May.
Beginning in 2018, the rate would be tied to Consumer Price Index to allow for cost-of-living increases.
Businesses with 10 or fewer employees would be exempt but would be subject to the California state minimum wage or Federal rate.
If approved, Richmond’s minimum wage rate would lead the six U.S. cities that have established their own rates. The other five include:
- San Francisco, California – $10.74
- San Jose, California – $10.15
- Baltimore, Maryland – $7.25
- Albuquerque, New Mexico – $8.60
- Santa Fe, New Mexico – $10.51
JUNE 3, 2014 UPDATE – SEATTLE RAISES MINIMUM WAGE TO $15 PER HOUR
Seatac, Washington established a $15.00 per hour minimum wage for only hospitality and transportation workers, but the rate does not apply to employees across all industries in the city.
Oklahoma recently passed emergency legislation prohibiting its municipalities from establishing independent minimum wage rates.