A new study, released by the Los Angeles Alliance for a New Economy (LAANE), examined the impact of the Living Wage Ordinance (which went into effect in July 2008 in the Century Corridor near LAX) and collective bargaining agreements at four of the 12 Century Corridor hotels.
The report finds:
- The average worker affected by the Living Wage Ordinance is projected to receive an additional $4,141 in wages over the first four years of the ordinance.
- Century hotel workers who are covered by union contracts will receive, on average, an additional $13,002 in wages and benefits over the first four years of their contracts.
- More workers will have access to affordable family health care coverage. Union contracts also provide for a pension plan, increased paid time off, commitments to diversity in hiring, and safer, reduced workloads.
The tourism industry—an industry generally noted for low wage employment and meager benefits—has recently surpassed international trade as L.A. County’s number one job generator.