Intellihot implements $15/Hour Minimum Wage for Hourly Employees
Galesburg, June 1, 2021: In a company-wide town hall meeting last week, Intellihot announced they are raising the company’s minimum wage to $15/hour. By taking this action, Intellihot ensures its standing as one of the best paid organizations in the region. Along with fairly compensating current employees for their stellar contribution to the company’s ongoing growth and expansion, this pay structure change is also designed to help attract the best, most talented candidates for hire.
Years ahead of the State of Illinois’ mandate for a $15 minimum wage effective 1/1/2025, Intellihot believes raising the company’s minimum wage now is the right thing to do for the company, the community, and for employees especially in this time of rapid growth as they pioneer new technologies and increase sales.
“We believe the breakthroughs and technological advancements in energy and sustainability to meet 2030 climate challenge will need advanced manufacturing. Our move to attract and retain a skilled work force starts with the first step of a $15 minimum wage” said Sridhar Deivasigamani, Intellihot CEO & Founder
About Intellihot, Inc.
Founded in 2009 in Peoria, Illinois, Intellihot is a clean technology, IoT company with a mission to do more with less and to create intelligent energy transformations. Today, Intellihot builds IoT devices and commercial tankless water heaters that help their customers cut energy costs and eliminate downtime. With customers like Abigail Adams Middle School, Levi’s® Stadium, home of the San Francisco 49ers, 340 on the Park, Chicago’s second tallest residential building, Costco and Marriott International, Intellihot is working towards a waste-free future in schools, homes, businesses, and facilities across the planet. Learn more at www.intellihot.com.
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Contact: Amy Turner
Intellihot Marketing Lead
2900 W. Main Street
Galesburg, IL 61401