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Charlotte company raises its minimum wage to $15

The real estate company operates hotels, restaurants, senior living facilities and retail buildings.
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CHARLOTTE, N.C. — A Charlotte real estate development and operating company is raising its minimum wage to $15 an hour, effective immediately. New Forum develops and operates several hotels, restaurants and retail buildings in the Charlotte area.

"We are honored to invest in our team members," said the company's COO, Tyler Steele. "We are committed to paying all staff a living wage and will continue to provide our team members with opportunities for advancement." 

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New Forum's portfolio includes office, retail, medical, multifamily and senior living. This includes Harry's Grille & Tavern in Charlotte, Ayrsley Lofts in Steele Creek, and the Manor Senior Living in Pineville. 

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In addition to the increase in wages, New Forum employees also get birthdays off, college tuition reimbursement and paid volunteer hours. 

The company says it's hiring for several positions. New employees will receive a $1,000 sign-on bonus, and current employees will see retention bonuses each quarter.

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New Forum is joining companies like Target in raising wages for employees. President Joe Biden has also been a vocal advocate for raising the minimum wage to $15 nationwide. 

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Currently, the nationwide minimum wage is $7.25 an hour. While some states have moved to raise the minimum wage, North Carolina has remained at $7.25.

Contact Indira Eskieva at ieskieva@wcnc.com and follow her on Facebook and Twitter and Instagram.