Orange County’s living wage will increase again starting in 2023, setting rates this year at $16.60 per hour for hourly workers and $15.10 for employers who pay at least half of their employees’ health insurance premiums doing. Those marks were $15.85 and $14.35 last year.
The Orange County Living Wage determines these figures using a universal living wage formula based on the standards of the US Department of Housing and Urban Development. OCLW also uses the average cost of a one-bedroom apartment in four countries, including Alamance, Chatham, Durham and Orange County.
“A person who earns $7.25 an hour works a 40-hour week all year long and makes a total of $15,080. “The $16.60 hourly rate allows workers to be close to the county to provide essential services such as staffing hospitals, schools, police, fire departments, grocery stores, restaurants, pharmacies, nonprofits, and more. It reflects the minimum wage you need to live in.”
The OCLW roster now includes 266 employers certified to pay a living wage to their full-time and part-time employees (approximately 9,000 in all). In 2022, 48 new employers paying a living wage have been admitted.
Since 2015, OCLW estimates that there will be more than $950,000 in wage increases in 2022 alone, for a total of $2.8 million in wage increases.
Featured Image by Orange County Living Wage
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