Mamdani Plan Calls for “$30 by 2030” Phased in Over Five Years
Under current law, the minimum wage for workers in New York City is $16.50 per hour, more than twice the federal $7.25 per hour. If mayor-elect Zohran Mamdani is able to successfully implement his agenda, that figure will increase incrementally over the next five years, rising to $30 per hour by 2030. After that, the minimum wage will be subject to automatic increases based on the greater of the increase in the cost of living or the increase in productivity.
How Will the Minimum Wage Increase under the Mamdani Plan?
Under Mamdani’s proposal, the first increase in the minimum wage will take place at the beginning of 2027, rising to $20 per hour. Annual adjustments will subsequently be made as follows:
- $23.50 in 2028
- $27 in 2029
- $30 in 2030
The mayor’s plan allows for a longer phase-in period for businesses with 10 or fewer full-time employees.
The Arguments for and Against Raising the Minimum Wage
Proponents of a higher minimum wage contend that when workers are paid more, they will have more disposable income, most of which will be spent locally, boosting the NYC economy. They also say that, under the current minimum wage rate, many low wage employees are unable to pay for basic necessities, such as shelter and food.
Opponents of increases in the minimum wage say it may potentially harm low income workers, as employers may be unwilling to hire workers whose productivity does not justify the wage paid.
Let the Romero Law Group Protect Your Rights as an Employee
At the Romero Law Group, PLLC, we handle a wide range of legal issues for employees in Westchester County, Rockland County and Orange County in New York; and across Northern New Jersey, including all matters related to sexual harassment. We offer a free initial consultation to any employee with a potential employment law dispute. To schedule an appointment, contact our offices online or call us at (631)257-5588.