Seattle Mayor Announces $15 Wage Plan Ramp Up
Businesses will have at least three years to phase in the increase
SEATTLE - Seattle Mayor Ed Murray is proposing a phase-in of an increase in the city's minimum wage to $15 an hour over the next seven years. Businesses with greater than 500 employees nationally will have at least three years to phase in the increase.
Smaller organizations will have seven years, with the new wage including a consideration for tips and health care costs over the first five years.
"Throughout this process, I've had two goals: to get low-wage workers to $15 per hour while also supporting our employers, and to avoid a costly battle at the ballot box between competing initiatives. We have a deal that I believe accomplishes both goals," said Murray in a statement.
Once the $15 wage is reached, future increases will be tied to the consumer price index. The plan now goes to the City Council for discussion.
Washington state already has the nation's highest minimum wage at $9.32 an hour. Murray made raising the minimum wage a campaign promise last year.
"No industry, organization or class of employers is exempted from any provisions of the deal provided under state and federal law," he said.
This news comes one day after senate Republicans blocked a proposal to raise the federal minimum wage to $10.10, with the bill failing by a 54-42 test vote.