Minimum Wage In Illinois 2024. On january 1, 2024, the minimum wage in illinois increased to $14 per hour. Chicago (cbs) โ the state of illinois will enter a new fiscal year on monday, and nine new laws will go into effect.
The city of chicago and cook county are also increasing their minimum wages on july 1, 2024. Download, graph, and track economic data.
On January 1, 2024, The Minimum Wage In Illinois Increased To $14 Per Hour.
Illinois offers the highest minimum wage in the midwest.
New Employees In The First 90 Days Of Employment Over The Age Of 18 May Be Paid Up To 50 Cents Less Per Hour.
Individuals in your area who process transactions via the human resources front end (hrfe) system will receive more detailed instructions.
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Illinois Labor Law Allows Tipped Employees To Be Paid A Lower Cash Wage Than The Standard Illinois Minimum Wage By Their Employers, As Up To $3.30 In Tips Earned Per Hour Can Be Deducted From Their Wage As A Tip Credit.
The illinois minimum wage will increase to $14.00 per hour on january 1, 2024.
Key Insights On Current Rates, Local Variations, And Strategic Tips For Adapting To Wage Hikes.
This change will elevate the hourly wage from $13 to $14, marking a significant step towards the stateโs goal of a $15 per hour minimum wage by 2025.