Santa Fe announces minimum wage increase

From the Santa Fe New Mexican.com - Workers at businesses inside the Santa Fe city limits will earn more than $10 an hour beginning in March, according to an announcement today from the city's Economic Development Division. Santa Fe's minimum hourly wage will increase next year by at least 30 cents, based on changes in a federal index on the cost of living. While officials won't know the exact amount of the new wage until 2011 numbers are completed in mid-January by the U.S. Bureau of Labor Statistics, they already know that the current Santa Fe "living wage" of $9.85 an hour should have gone up by 1.4 percent this year — to $9.99. Last month, after inquiries from The New Mexican, Mayor David Coss said it appeared city staff had made an oversight in neglecting to adjust the wage this year as required by law when the regional Consumer Price Index shows an annual increase. Coss and the city manager decided this month not to pursue a retroactive wage change for workers, the mayor said Thursday, but to add the 2011 increase to the 2012 adjustment. Based on the first 11 months of the year, the wage will increase by an estimated additional 3 percent — taking it to between $10.22 and $10.32 per hour, according to estimates from Kate Noble, a city economic development specialist. Read more
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