Loyola Medicine to boost minimum wage to $15

Loyola Medicine, a three-hospital system based in Maywood, Ill., will increase its minimum wage to $15 per hour.

The increase, which takes effect Jan. 5, will affect about one-third of Loyola's workforce. 

The minimum wage increase represents an initial annual investment of nearly $3 million.

Our people are our greatest assets," said Shawn Vincent, Loyola Medicine president and CEO. "Offering a higher minimum wage is simply the right thing to do to compensate our colleagues for their hard work and dedication to our mission."  

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