In 1973, 50 years ago, the minimum wage in Illinois was $1.40 – about $9.99 in 2023 dollars. It rose to $2.10 by 1976, $2.30 by 1979, $2.65 by 1984, and $3.35 by 1985. This more or less kept up with inflation, as $3.35 in July 1985 dollars is the equivalent of $9.45 in ...
In 2023, minimum wage in Illinois is: $13 $7.80 (tipped employees) Massachusetts Minimum Wage 2023 Massachusetts hits the $15 minimum wage mark, effective Jan. 1, 2023. The minimum wage for tipped employees in Massachusetts in 2023 is $6.75. Massachusetts does not have CPI increases planned ...
Six other states move one step closer to reaching that milestone in 2023: New Jersey by 2024 Delaware, Illinois, Maryland (for large employers), and Rhode Island by 2025 Florida and Maryland (for small employers) by 2026 Florida’s incremental minimum wage increase will take effect at the ...
Get quick answers to your minimum wage questions. Which States Are Increasing the Minimum Wage in 2025? More than 20 states have announced minimum wage increases for 2025. These states are: Alaska Arizona California Colorado Connecticut Delaware Florida Illinois Maine Michigan Minnesota Missouri Montana...
CHICAGO (CBS) --The minimum wage in Illinois will gradually rise to $15 an hour by 2025, after Gov. JB Pritzker signed legislation that lays out regular wage increases starting next year. Pritzker made a $15 minimum wage a cornerstone of his bid for governor, and made good on his campai...
Illinois 2024 Basic Minimum Wage Combined (per hour):$14.00 Overtime Pay Required After 40 Hours per Week For tipped employees: Minimum Wage Rate:$8.40 (the minimum tipped wage when combined with the tip credit) Maximum Tip Credit:$5.60 (40% of applicable minimum wage) ...
Delaware,Illinois,Maryland(for large employers), andRhode Islandby 2025 Floridaand Maryland (for small employers) by 2026 Florida’s incremental minimum wage increase will take effect at the end of September. Below is an interactive map that shows where minimum wages will — and won’t — be ...
Illinois $12.00 (current) $13.00 (effective January 1, 2023) $14.00 (effective January 1, 2024) $15.00 (effective January 1, 2025)Chicago: Employers with 21 or more total employees: $15.40 (current) (no change)Employers with 4–20 total employees: $14.50 (current) $15.00 (effective July...
Twenty states carry the federal minimum wage, with varying standard pay much lower than that for tipped workers. Twenty-five states are raising their minimum hourly wage, with the majority taking effect on Jan. 1, 2023: Alaska Arizona California Colorado Connecticut Delaware Florida Illinois Mai...
Somecities and countieshave also established minimum wages. In 2023, Chicago's minimum wage is $15.80 for employers with 21 or more workers. It will increase again on July 1, 2024. This is compared with $14 for the state of Illinois. Florida residents voted in Nov. 2020 to increase the...