Minimum Wage for Local Jurisdictions
in Compensation
Summary:
Hello,
We are looking for a solution to set compensation for employee's to abide by their local and state level minimum wages. Has anyone done this before?
Example:
State of Illinois minimum wage is $15.00 on 1/1/25
City of Chicago minimum wage is $16.60 on 7/1/25
I have 2 goals in mind - 1. Oracle enforce the highest applicable minimum wage based on locality for the employee (does not allow entry of a lower salary than the minimum.) 2. Runs a daily process to review all the employees salary and compare it to the local minimum and correct the salary to increase to the local minimum on the day it was enforced by law.
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