EPY: How to Calculate FLSA For Overtine For Tipped Employees Based On the New Law From City of Chicago As Of 07/01/2024? (Doc ID 3048260.1)

Last updated on SEPTEMBER 20, 2024

Applies to:

PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 and later
Information in this document applies to any platform.

According to the City of Chicago, a new minimum wage of $17.40 must be applied to all tipped employees as of 07/01/2024.

How to set up the minimum wage and how system calculate the overtime?

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