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Gov. Cuomo pushes plan to raise minimum wage to $10.10

from Albany Business Review

New York Gov. Andrew Cuomo next year will push for approval of a new statewide minimum wage of $10.10 an hour. Cuomo also will advocate a plan that would allow local governments to set a minimum wage up to 30 percent higher than the statewide rate, according to a report by the Democrat and Chronicle. The current minimum wage is $8 an hour. That rate is scheduled to increase to $9 an hour by the end of next year. Cuomo said New York needs to recognize the impact of the cost of living in different parts of the state. Many business executives say increasing the minimum wage will make it harder for them to remain competitive. more


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