SF min wage will increase to $10.24/hr on Jan 1st

[zzzz]

On Jan 1st San Francisco will become the first locality to raise its Minimum wage to above $10 an hour.

Come New Year's Day, he'll have a few more coins in his pocket as San Francisco makes history by becoming the first city in the nation to scale a $10 minimum wage. The city's hourly wage for its lowest-paid workers will hit $10.24, more than $2 above the California minimum wage and nearly $3 more than the working wage set by the federal government.

San Franciscans passed a proposition in 2003 that requires the city to increase the minimum wage each year, using a formula tied to inflation and the cost of living. It's just another way the progressive people of the City by the Bay have shown their support for the working-class in a locale where labor unions remain strong and housing costs are sky high.
Karl Kramer of the San Francisco Living Wage Coalition said a decent wage for a single adult without children in the city would be $15, and that doubles when you have at least one child or more. But like other advocates of better wages, he's still pleased that San Francisco will be the first in the nation to top $10.

What the average San Franciscan may not know, he said, is that business owners also must pay another $1.23 to $1.85 an hour per employee for health-care coverage if they don't offer health insurance. San Francisco is also the only city in the state that charges a payroll tax of 1.5 percent; it also mandates nine paid sick days annually per employee

San Francisco to top the $10 minimum wage

 

[Katzndogz]

Raising the min wage in Los Angeles to $10.00 an hour is what drove out the commercial districts.

 

[martybegan]

On Jan 1st San Francisco will become the first locality to raise its Minimum wage to above $10 an hour.

Come New Year's Day, he'll have a few more coins in his pocket as San Francisco makes history by becoming the first city in the nation to scale a $10 minimum wage. The city's hourly wage for its lowest-paid workers will hit $10.24, more than $2 above the California minimum wage and nearly $3 more than the working wage set by the federal government.

San Franciscans passed a proposition in 2003 that requires the city to increase the minimum wage each year, using a formula tied to inflation and the cost of living. It's just another way the progressive people of the City by the Bay have shown their support for the working-class in a locale where labor unions remain strong and housing costs are sky high.
Karl Kramer of the San Francisco Living Wage Coalition said a decent wage for a single adult without children in the city would be $15, and that doubles when you have at least one child or more. But like other advocates of better wages, he's still pleased that San Francisco will be the first in the nation to top $10.

What the average San Franciscan may not know, he said, is that business owners also must pay another $1.23 to $1.85 an hour per employee for health-care coverage if they don't offer health insurance. San Francisco is also the only city in the state that charges a payroll tax of 1.5 percent; it also mandates nine paid sick days annually per employee

San Francisco to top the $10 minimum wage

and the cycle contiues. People will get paid more for the same amount of work, thus causing prices to increase, thus causing thier income to reduce in purchasing power, thus "requiring" another wage increase by the government.

Its called inflation, people.

 

[Douger]

If the tax rates are the same as when I left that's a take home pay of around $328 a week.
That's what I paid my guys.They lived 4 to a house and did OK on it.

 

[zzzz]

The restaurant owners said the salaried employees will take the hit because they cannot afford to raise menu prices. I would think the hourly employees hours would be reduced and the salaried employees would cover the reduced hours.

$10 across the country would cause an effect on the crumbling economy. The standard of living (or cost to live) is higher in Cali than the Midwest so I guess they need a higher min wage. But to automatically raise it every year whether the economy is booming or in a depression makes no sense.