SANTA FE, N.M. — Santa Fe’s local minimum wage will go up to $10.91 an hour as of March 1. The “living wage” rate is now $10.84. It can go up each year, based on inflation in a federal consumer price index for urban and clerical workers in the Western states.
The CPI increase for 2015 was 0.68 percent, bumping up the required wage rate by seven cents an hour, according to a City Hall news release. The local minimum wage applies to all employees and employers in Santa Fe.
While the Santa Fe Chamber of Commerce and others in the business community have called for capping how high the minimum wage can go, no formal proposal to change the ordinance has come forward since 2007.
The Living Wage Ordinance as originally passed in 2003 set an $8.50 wage, with a provision to increase by increments to $10.50 in 2008. A compromise in 2007 replaced that plan with an annual cost-of-living adjustment.
Mayor Javier Gonzales, a supporter of the living wage, said in a news release, “Announcing this increase is always a special moment for our city. We get to take a moment to celebrate the fact that in Santa Fe, a full day’s work is guaranteed a fair day’s pay. It keeps the dignity of work alive and is something to be proud of.”