New Orleans Mayor Mitch Landrieu plans to sign into a law a measure that requires large city contractors to pay their workers at least $10.55 an hour. Known as the ‘living wage’ ordinance, City Councilman Jared Brossett steered it to a unanimous vote from his colleagues earlier this month. The law applies to those companies that have public contracts worth $25,000 or more or that have received grants worth $100,000 or more in a year.
‘Living wage’ ordinance approved by New Orleans City Council to address worsening inequality
Source: Jeff Adelson, The New Orleans Advocate, August 7, 2015
City Council members unanimously approved a “living wage” ordinance for those workers on Thursday, couching the measure as a blow against inequality and a moral duty for the city to pay its residents a decent salary and to put employees performing public functions through private companies on a more equal footing with their government counterparts. … The ordinance requires companies with city contracts worth $25,000 or more to pay their workers at least $10.55 an hour and provide them with at least one week of paid leave each year. Companies that receive subsidies from the city — such as tax breaks, direct assistance or reduced rents — worth $100,000 or more in a 12-month period would face the same requirements and would also have to continue to pay that rate for 10 years from the date of the agreement or from their final payment by the city, whichever was later. …