What's the difference between 2 measures to raise Everett's minimum wage?

EVERETT — Two competing ballot initiatives want to raise the minimum wage in Everett to one of the highest rates in the country, but they take different paths to get there.

Some fear the similar measures may confuse voters as they fill out their ballots before Election Day on Tuesday.

Initiative 24-01, known as Everett Deserves a Raise, would increase wages to $20.24 per hour starting July 1, 2025, for employers with over 500 workers. Workers at medium-size companies — between 15 and 500 employees — would see their minimum wage rise gradually over time, reaching $20.24 by July 1, 2027. The initiative would not affect businesses with less than 15 employees, which would continue to pay the statewide minimum wage of $16.28 per hour.

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Sponsors wrote Initiative 24-02, known as Raise the Wage Responsibly, in response to the other proposal. The text is similar to Everett Deserves a Raise, but tips, health insurance and retirement contributions would count toward an employee’s wage, allowing employers to use those to make up the difference between the state minimum wage and the city’s.

https://www.heraldnet.com/news/whats-the-difference-between-2-measures-to-raise-everetts-minimum-wage/