Common use of Minimum Wage Rates Clause in Contracts

Minimum Wage Rates. Absent a waiver, an Employer subject to Chapter 17-1300 shall pay each Employee an hourly wage, excluding benefits, equal to: Effective Date between April 19, 2019, and June 30, 2019, $12.40; Effective Date between July 1, 2019, and June 30, 2020, $13.25; Effective Date between July 1, 2020, and June 30, 2021, $13.75; Effective Date between July 1, 2021, and June 30, 2022, $14.25; Effective Date between July 1, 2022, and June 30, 2023, $15.00; and Effective Date starting July 1, 2023, and thereafter, $15.00 multiplied by the CPI Multiplier, provided that the minimum wage shall not be less than the previous year’s minimum wage. The CPI Multiplier is calculated annually by the City’s Director of Finance by dividing the most recently published Consumer Price Index for all Urban Consumers All Items Index for Philadelphia, Pennsylvania, by the most recently published Consumer Price Index for all Urban Consumers (“CPI-U”) of each calendar year. The then current minimum hourly wage applicable to City contractors and subcontractors will be posted on the City’s website.

Minimum Wage Rates. Absent a waiver, an Employer subject to Chapter 17-1300 shall pay each Employee an hourly wage, excluding benefits, equal to: Effective Date between April 19, 2019, and June 30, 2019, $12.40; Effective Date between July 1, 2019, and June 30, 2020, $13.25; Effective Date between July 1, 2020, and June 30, 2021, $13.75; Effective Date between July 1, 2021, and June 30, 2022, $14.25; Effective Date between July 1, 2022, and June 30, 2023, $15.00; and Effective Date starting Starting July 1, 2023, and thereafter, $15.00 multiplied by the CPI Multiplier, provided that the minimum wage shall not be less than the previous year’s minimum wage. The CPI Multiplier is calculated annually by the City’s Director of Finance by dividing the most recently published Consumer Price Index for all Urban Consumers All Items Index for Philadelphia, Pennsylvania, by the most recently published Consumer Price Index for all Urban Consumers (“CPI-U”) of each calendar year. The then then- current minimum hourly wage applicable to City contractors and subcontractors will applicablewill be posted on the City’s website.

Minimum Wage Rates. Absent a waiver, an Employer subject to Chapter 17-1300 shall pay each Employee an hourly wage, excluding benefits, equal to: Effective Date between April 19, 2019, and June 30, 2019, $12.40; Effective Date between July 1, 2019, and June 30, 2020, $13.25; Effective Date between July 1, 2020, and June 30, 2021, $13.75; Effective Date between July 1, 2021, and June 30, 2022, $14.25; Effective Date between July 1, 2022, and June 30, 2023, $15.00; and Effective Date starting Starting July 1, 2023, and thereafter, $15.00 multiplied by the CPI Multiplier, provided that the minimum wage shall not be less than the previous year’s minimum wage. The CPI Multiplier is calculated annually by the City’s Director of Finance by dividing the most recently published Consumer Price Index for all Urban Consumers All Items Index for Philadelphia, Pennsylvania, by the most recently published Consumer Price Index for all Urban Consumers (“CPI-U”) of each calendar year. The then then-current minimum hourly wage applicable to City contractors and subcontractors will be posted on the City’s website.