Seattle will phase in $15 min wage – and that’s just for starters

Seattle will phase in $15 min wage – and that’s just for starters

[Ed. – Talk about famous last words.  Guaranteed: a move of such supreme hubris will bring the Furies down.  ]

Seattle will raise its minimum wage to $15 an hour over the coming years under a deal brokered by Mayor Ed Murray and blessed by labor and business groups alike, city leaders announced Thursday afternoon.

The new pay floor will phase in at different speeds for businesses of different sizes, but all employers will have to meet the $15 minimum wage by the end of the decade. Businesses with more than 500 employees nationwide will have a three-year phase-in period, while smaller employers get five years to ratchet up their payscales.

After reaching $15 an hour, the city’s minimum wage will automatically climb by 2.4 percent each year regardless of the rate of inflation. Even among states with relatively strong minimum wage laws, automatic increases are uncommon. Thursday’s deal will make Seattle the national leader on municipal minimum wage laws. Washington currently has the highest pay floor of any state at $9.32 per hour. …

An activist coalition called 15 Now led by the lone socialist member of the City Council, Kshama Sawant, has pledged to put an immediate wage hike before city voters in November if the deal falls short of the group’s goals. Another coalition, 15 For Seattle, issued a press release Thursday saying that “many of the coalitions 100+ progressive members have already endorsed” the deal but that others “are taking the Mayor’s proposal back to their organizations for review and approval.” Sawant’s ballot initiative would let employers with fewer than 250 workers phase in higher wages over three years but impose the $15 rate immediately for larger businesses.

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