The Assembly Takes Action
With overwhelming support from New Yorkers across the state, we increased the minimum wage as part of the 2013-14 state budget. Thanks to the Assembly Majority's long-fought effort to provide a more livable wage for working families, tens of thousands of low wage workers dependent on the minimum-wage have a little more money in their pockets.
The 2013-14 state budget increases the state's minimum wage to $9.00 per hour by 2016. The wage gradually increased from $7.25 to $8.00 per hour on Dec. 31, 2013; and it will increase to $8.75 on Dec. 31, 2014; and then to $9.00 per hour on Dec. 31, 2015.
This increase to the minimum wage is good news for businesses and our economy because it will jumpstart consumer spending in communities across the state. Minimum wage workers are also customers and are more likely to spend any income increase immediately and locally.
Our Work is Not Yet Done
We secured a great victory for New York's hard working families. But our fight - and our work - continues.
The Assembly Majority is advancing further adjustments to enhance New York's minimum wage. The Assembly measure would increase the minimum wage as well as the tip-wage for food-service workers (A.8343A).
Key components of the bill:
- accelerate the approved increase from $8.00 to $9.00 per hour on December 31st, 2014 and further increase the minimum wage to $10.10 per hour on December 31st, 2015;
- increase the tip-wage for food-service workers from $5.00 to $5.50 per hour immediately, to $6.20 per hour on December 31st, 2014, and finally to $6.95 per hour on December 31st, 2015;
- link the minimum wage and the tip-wage to the rate of inflation beginning December 2016. This would ensure that as the cost of living goes up, the wage will go up; and
- authorize counties and cities to raise their local minimum wage up to thirty percent higher than the state's minimum wage.
As the gap between the wealthy and poor grows wider, we must do everything we can to help those who work full time and yet struggle to maintain a household. That's why we're working to accelerate and expand the minimum wage increase schedule and why we are committed to ensuring that as the cost of living increases, so will New York's minimum wage. The Assembly Majority has fought hard to level the playing field for working families. We will continue this fight so we can help families earn a little extra, providing them with a better quality of life.