Today we're announcing the introduction of a resolution to raise the hourly minimum wage for employees of City government from $12.32 to $15. That means a $5,000 annual raise for employees in that category. It also comes on top of the 4% raises in the new budget that took effect on July 1.
We're raising wages and improving benefits because it’s the right thing to do, right now. Our City employees are our most important and valuable asset. We believe in taking care of the workers who take care of the city—everyone who works for the City should be able to raise their families in the city.
We're also doing it to retain and recruit capable employees so we can continue to deliver services that residents expect and deserve. The labor market is competitive and this policy demonstrates that the City is a great place to work.
Raising wages has broad implications not just for Santa Fe, but statewide and even nationally. Money in your pockets will stay in Santa Fe. It’s good for our whole community. In addition, wage increases can help reverse gender- and race-based inequities. We’re part of a national conversation about what has to happen for working men and women in this country to make ends meet. By taking a leadership role, we’re setting the standard for our community and the state of New Mexico.
Read today's announcement of the proposal and our history of wage increases here.