NOTICE REGARDING 2020 MINIMUM WAGE RATE IN THE CITY OFALBUQUERQUE The City of Albuquerque Minimum Wage Ordinance requires the City to post the adjusted minimum wage and the adjusted tipped minimum wage for the forthcoming year on the City’s internet home page each year by October 15. The 2020 minimum wage required to be paid from January 1, 2020 through December 31, 2020 is underlined below. 1. Starting January 1, 2020, the minimum wage will be $9.35. 2. Starting January 1, 2020, the minimum wage will be $8.35 if the employee’s employer provides healthcare and/or childcare benefits to the employee during any pay period and the employer pays an amount for these benefits equal to or in excess of an annualized cost of $2,500.00. 3. Starting January 1, 2020, the minimum wage for tipped employees will be $5.60. Consumer Price Index - Urban Wage Earners and ClericalWorkers CPI Index August-2018 246.336 August-2019 250.112 Percent change 1.533% Minimum Wage of Jan 2019 Increase Rounded Wage as of January 2020 $ 9.20 $ 0.14 $ 0.15 $ 9.35 With Health Care $ 8.20 $ 8.35 Tipped Employee (60% of the 2020 Minimum Wage) $ 5.50 $ 5.60

RkJQdWJsaXNoZXIy MTA1NDc=