Chicago’s Minimum Wage Increase Set to Take Effect July 1, 2022

Epstein Becker & Green
Contact

Epstein Becker & Green

Chicago’s Mayor Lori E. Lightfoot and the Department of Business Affairs and Consumer Protection recently announced that the city’s minimum wage for various employers will increase per the Minimum Wage Ordinance (Ordinance), effective July 1, 2022.

The minimum wage for July 1, 2022 will increase to:

  • $14.50 per hour for Small Employers (employers with 4-20 employees); and
  • $15.40 per hour for Larger Employers (employers with 21 or more employees).

While the minimum wage for Small Employers is fixed per the Ordinance until 2023, the minimum wage for Larger Employers increases annually according to the Consumer Price Index or 2.5%, whichever is lower.  Employers should ensure timely compliance with the Ordinance by setting the appropriate minimum wages by July 1.

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Epstein Becker & Green | Attorney Advertising

Written by:

Epstein Becker & Green
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Epstein Becker & Green on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide