The minimum wage increase approved by Albuquerque voters during November’s general election goes into effect today, raising the minimum wage from $7.50 to $8.50 an hour, while employees getting health care or child care will still get $7.50 an hour, KOB-TV reported.
Restaurant owners have opposed the increase, concerned that they will have to cut jobs or stop hiring, Eyewitness News 4 said.
Starting this year, tipped employees will make 45 percent of the minimum wage plus tips, and in 2014, it will increase to 60 percent of the minimum wage plus tips, KOB-TV said. If tips and the minimum wage do not equal $8.50 an hour for employees, the restaurant will have to make up the difference.
The new minimum wage law also states that if the Consumer Price Index in 2014 shows the cost of living has increased in Albuquerque, the minimum wage would go up again, the station reported.
Meanwhile, according to KRQE News 13, Santa Fe and San Francisco are jockeying back and forth to be the city with the nation’s highest minimum wage.
Santa Fe was the national leader throughout much of 2012 with a minimum per-hour wage of $10.29, News 13 reported. But San Francisco today upped its minimum wage to $10.55 an hour.
Santa Fe is expected to raise its minimum wage by an amount to be announced in mid-January and to take effect in March, KRQE reported.