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Wilmington staff proposes living-wage pay philosophy tied to 60% AMI; full implementation would cost millions
Summary
Staff proposed a living-wage policy that sets the minimum city salary to 60% of area median income (about $45,531/year for a single household), which staff estimated would cost roughly $14.6M to implement from the general fund and could require a worst-case tax-rate adjustment equivalent of 4.1¢ if no offsets are found.
City staff proposed a new pay philosophy that would set a municipal "living wage" equal to 60% of area median income (AMI) for New Hanover County and rebase the city’s pay scales from that floor. "We define the living wage as 60% of the area median income," staff said, and gave $45,531 as the annual equivalent for a single-household 60% AMI (about $21.89 per hour at a 2,080-hour year).
Staff said about 13% of the city’s full-time workforce currently earns below that 60% threshold and…
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