Digital News Report – San Francisco will be raising their minimum wage to $9.92 per hour. That is a 1.3% increase from $9.79 per hour.
“Ensuring that our local minimum wage keeps pace with inflation will protect the purchasing power of San Francisco’s working families and further stimulate our economic recovery,” said Mayor Gavin Newsom.
The voters pass a minimum wage ordinance back in November 2003. The law calls for annual rate adjustments based on the previous year’s Consumer Price Index for urban wage earners in the San Francisco-Oakland-San Jose metropolitan area. There was no increase in the San Francisco minimum wage in 2010.
The Federal minimum wage is $7.25 per hour and the California minimum wage is $8.00 per hour. “Employers must pay San Francisco’s higher minimum wage for all covered work performed within the City”, the city said in a statement.
By Mark Williams