Report: Slay to propose $15 minimum wage in St. Louis City
ST. LOUIS (KTVI) – Mayor Francis Slay is set to propose raising the city’s minimum wage to $15, the St. Louis Post-Dispatch reported.
The bill, which would be filed with the St. Louis Board of Aldermen by next week, would lift the city’s minimum wage to $15 by January 1, 2020. It would exempt small businesses that employ less than 15 people, or businesses that make less than $500,000 in gross sales.
Last year, the city raised the minimum wage for all city workers to $10.10. The minimum wage in Missouri sits at $7.65. The federal minimum wage is $7.25.
According to a Living Wage Calculator created by MIT, a single adult working full-time (2080 hours per year) in the City of St. Louis must earn a minimum of $9.94 an hour.
St. Louis would join a growing list of large metropolitan areas considering a raise in the minimum wage. Last month, the Los Angeles City Council voted to raise its minimum wage from $9 to $15 by 2020. San Francisco ($15 by 2018) and Chicago ($13 by 2019) have approved similar increases. Sacramento, New York City, and Washington D.C. are considering their own minimum wage increases.