Parkland Health & Hospital System in Dallas[1] will raise its own minimum wage to $10.25 an hour next month...
The wage increase will cost the hospital about $350,000 a year. The expense will be covered with money from the upcoming quarter's bonus pool for the hospital's 60 vice presidents and top executives.
After this, every worker employed by Dallas County will make at least $10.25 an hour (still not a living wage by many measures).
Note also that this will barely put a dent in that pool, expected to be at least $3M for the year.
[1] People who have memories of November 22, 1963 will remember that as a historic location
(Score: 1, Informative) by Anonymous Coward on Tuesday June 17 2014, @12:06PM
Executives are giving up about 12% at most (using the low figure for the bonus pool). Sort of rubbing the workers' noses in it, since executives will probably still make more money in bonuses than workers make for actually working.
I guess it's good that there's any sort of limit on executive greed, since executives usually decide the bonus they want and fire people to free up that amount of money. But this is not exactly a progressive paradise or anything.