New proposal would limit applicability and duration of living wage mandate associated with development projects receiving City economic incentives. On November 22, 2011, the City Council’s Contracts Committee held a hearing on Intro 251- A, an amended version of the Fair Wages for New Yorkers Act. The legislation would require certain employers connected to development projects receiving City financial assistance to pay employees a “living wage” linked to the consumer price index. The living … <Read More>
Fair Wages for New Yorkers Act
Council considers proposed living wage law
- G. Oliver Koppell
Proposed local law would impose wage mandates on certain businesses receiving City economic development incentives. On May 12, 2011, the City Council’s Contracts Committee held a hearing on the proposed Fair Wages for New Yorkers Act. The proposal, Intro 251-A, would require employers connected to a development project receiving at least $100,000 in financial assistance from the City to pay employees a mandated “living wage” that would be linked to a … <Read More>