10 Dolla Holla: San Francisco Minimum Wage To $10.24 Per Hour.
When Jan. 1, 2012 hits, San Francisco will have a minimum wage of $10.24/hr, up from $9.92/hr. Although city residents and community organizations say they are pleased with the minimum wage going up, they still find that it is an inadequate wage to live on due to the cost of living.
San Francisco Living Wage Coalition’s Karl Kramer told the AP that a decent wage for a single adult with no children would be $15/hr, which should double if that person chooses to have a child.
“It helps workers’ morale in a time of economic crisis; they feel that they’re able to tread water and get some relief from the recession,” said Kramer.
Not everyone is pleased with the minimum wage increase.
“So that drives me nuts, that as a chef, I have to cut my kitchen allowance,” said restaurant owner, Daniel Scherotter, in an interview with Active Investor. “What I pay for a waiter is more than double what Manhattan pays, it’s more than double what Chicago pays, and it’s four times what Boston pays. And those are other big, expensive, pro-labor cities. But I pay what they all pay added together for tipped employees.”
Small businesses have warned that they could conduct layoffs because of the various federal, state and local taxes and other city taxes. Also, business owners are forced to pay between an extra $1.23 and $1.85 per hour per employee for healthcare coverage. Additionally, businesses are mandated to give employees nine paid sick days annually. San Francisco charges business 1.5 percent in payroll taxes.
Currently, the state with the lowest minimum wage is Wyoming with $5.15, but it could be lowered to $2.13 for employees that receive tips. States that maintain some of the highest minimum wages are Connecticut ($8.25), Illinois ($8.25), Massachusetts ($8.00), Nevada ($8.25), Oregon ($8.50), Vermont ($8.15) and Washington ($8.67).