“Activists and the Illinois Restaurant Association have reached a compromise. The restaurant association has dropped its opposition to abolishing the tipped minimum wage in Chicago.
“The tipped minimum wage ($9.48 per hour in Chicago) will be phased out over five years. Each year, the tipped minimum wage will increase by 8 percent until it matches Chicago’s standard hourly minimum wage of $15.48.
“That buys restaurants that depend on the tip credit more time to adjust. That may include raising prices, adjusting menu options, or applying service fees.”