Wintrust to raise minimum wage
Wintrust Financial Corp. said late today that as a result of the recently enacted tax reform legislation, Rosemont-based Wintrust will increase the minimum wage paid to its eligible noncommissioned hourly employees to $15 per hour.
Wintrust expects that more than 600 employees will benefit from this action.
Edward J. Wehmer, president and CEO of Wintrust, said "I am very proud of the company that Wintrust has become since our first bank opened over 26 years ago. But our accomplishments are merely a reflection of our employees and their dedication, hard work and passion for delivering exceptional service to our customers and the communities we serve. Accordingly, I am very pleased that we can share some of the benefits of the recently enacted tax reform with our valued employees."
Wintrust is a financial holding company with assets of over $27 billion whose common stock is traded on the NASDAQ Global Select Market.