Chicago Minimum Wage Changes
Chicago Minimum Wage and Fair Work Week Changes Effective July 1
Effective July 1, Chicago’s minimum wage will increase in accordance with the Minimum Wage Ordinance. The ordinance is tiered for large businesses with 21 or more employees and small businesses with 4-20 employees. The minimum wage for larger employers increases annually based on the Consumer Price Index or 2.5%, whichever is lower. The minimum wage for smaller employers continues to increase toward $15 per hour by 2023. Beginning July 1, the Chicago minimum wage will be $15.40 for employers with 21 or more employees and $14.50 for employers with 4-20 employees.
Also beginning July 1, scheduled enhancements to the Fair Workweek Ordinance will require employers in covered industries to post work schedules with at least 14 days’ notice, an increase from the previous 10 days’ notice. Covered industries include building services, healthcare, hotel, manufacturing, restaurant, retail, or warehouse services.