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Illinois’ minimum wage is rising from $14 per hour to $15 on Jan 1, the final increase in a series of annual increases from a law Gov. J.B. Pritzker signed in February of 2019. ... 2024 at 9:30 ...
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
(The Center Square) – Once ranked tops in the country for entry level wage growth over inflation, in 1935, Illinois has fallen to No. 39 compared to other states, according to BrilliantMaps.com.
[57] [58] By July 1, 2021, the minimum wage in Chicago was $15.00, with Illinois eventually matching the rate statewide by 2025. [59] As of July 1, 2024, the minimum wage in Chicago is $16.20 per hour for non-tipped employees and $11.02 for tipped employees. [60] Similarly, the minimum wage in Minneapolis, Minnesota had reached $15.00 per hour ...
A state's minimum wage is the lowest legal hourly rate that an employer can pay full-time or part-time employees. What Is the Minimum Wage in Illinois? The current minimum wage in Illinois is $12 ...
The tipped wage is base wage paid to an employee in the United States who receives a substantial portion of their compensation from tips.According to a common labor law provision referred to as a "tip credit", the employee must earn at least the state's minimum wage when tips and wages are combined or the employer is required to increase the wage to fulfill that threshold.
Minimum wage will rise to $12 per hour on Jan. 1 in Illinois for many workers. And more increases are coming by 2025.
History of the US federal minimum wage. Lower line is nominal dollars. Top line is inflation-adjusted. [1] [2] The Raise the Wage Act is a proposed United States law that would increase the federal minimum wage to US$17. [3] [4] Versions of the bill have been introduced in each United States Congress since 2017.