News & Announcements
The community of Santa Fe came together in 2007 and decided to adjust the Living Wage with the annual cost of living in order to help ensure that workers’ wages would keep pace with inflation. The term Living Wage refers to the minimum hourly wage necessary for a person to achieve a higher standard of living. According to the US Department of Labor, Federal minimum wage is at $7.25 since 2009.
All employers within the City of Santa Fe are required to pay all workers the Living Wage.
LIVING WAGE KEY FACTS:
- Living Wage for 2019: $11.80
- Date Effective: March 1, 2019
- Who Earns the Living Wage: All workers in the City of Santa Fe
According to the Economic Policy Institute, the minimum wage is a critical labor standard meant to ensure a fair wage for this country’s lowest paid workers, and the declining value of the federal minimum wage over time has contributed to the growth in U.S. income inequality. As the cost of living increases, the Living Wage in Santa Fe helps ensure full time workers do not live in poverty.
For more information, contact Constituent Services by email at [bot protected email address], or by phone at (505) 955-6949.