Seattle's minimum wage will slowly increase to $15 per hour following City Council's approval of an ordinance which will give the city the highest minimum wage in the United States.
According to the Associated Press, this has been a key initiative of Seattle Mayor Ed Murray, who was elected last year partially off the strength of the promise to make it happen. Furthermore, the matter was supported by a recently-elected City Council Member.
The Associated Press adds that the plan to gradually increase minimum wage will be a drawn-out process which will take longer for small businesses to implement:
The plan gives businesses with more than 500 employees nationally at least three years to phase in the increase. Those providing health insurance will have four years to complete the move. Smaller organizations will be given seven years.
The process is slated to officially begin on Apr. 1, 2015.
[via The Associated Press]
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