During 2020, most residents saw two minimum wage increases — first to $9.25 in January, then to $10 in July. On Jan. 1, 2021, the minimum raised increased yet again — to $11 per hour.
Is minimum wage in Illinois going up to $15 an hour?
Governor JB Pritzker signed legislation in 2019 putting the state on the path to a $15 an hour minimum wage by 2025.
What is the minimum wage in Chicago 2022?
$15.40
Per the city’s Minimum Wage Ordinance, on July 1, 2022, Chicago’s minimum wage for non-tipped workers will increase to $15.40 for large businesses that employ 21 or more workers, and $14.50 for smaller businesses.
Is minimum wage going up in 2021 in Illinois?
Chicago’s City Council approved a plan proposed by Mayor Lori Lightfoot that brings the Chicago minimum wage to $14 an hour as of July 1, 2020 , and $15 on July 1, 2021—four years ahead of when the Illinois minimum wage reaches that threshold.
What is the new minimum wage law in Illinois?
Beginning January 1, 2022 – Guarantees a minimum wage of $12.00 per hour for workers 18 years of age and older. An employer where gratuities are paid to employee, may pay 60% of the minimum wage to its employees.
Will minimum wage Go up in Illinois in 2022?
And on Jan., 2022, the state’s minimum wage went up to what it is currently: $12 an hour. The rate will continue to increase on Jan. 1 each year until it hits $15 per hour on Jan. 1, 2025.
What is a livable wage in Illinois?
Living Wage Calculation for Cook County, Illinois
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $19.29 | $25.37 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $12.00 | $12.00 |
What will the minimum wage be in Illinois in 2023?
$10.50
The current minimum wage in Illinois is $12 per hour.
Illinois.
| Dates | Minimum wage (per hour) |
|---|---|
| January 1st, 2022 – December 31st, 2022 | $9.25 |
| January 1st, 2023 – December 31st, 2023 | $10.50 |
| January 1st, 2024 – December 31st, 2024 | $12 |
| After January 1st, 2025 | $13 |
What state has lowest minimum wage?
Mississippi. No state minimum wage law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.
What state has the highest minimum wage?
Excluding Washington, D.C.’s $15.20 hourly minimum wage, California has the highest in the country at $14 per hour. Washington and Massachusetts are close behind, with $13.69 per hour and $13.50 per hour, respectively.
What states have a $15 an hour minimum wage?
Where are $15 minimum wages? Besides California and New York, nine states are headed to a $15 pay base over the next four years – Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, New Jersey, Rhode Island and Virginia.
What is the minimum wage in Cook County 2022?
Laner Muchin, Ltd. Cook County and Chicago’s annual minimum wage increases go into effect on July 1, 2022. The Chicago minimum wage will increase to $15.40 per hour for employers with 21 or more employees and to $14.50 per hour for employers with 4-20 employees.
How much does McDonald’s pay per hour in Illinois?
Average McDonald’s Crew Member hourly pay in Illinois is approximately $13.05, which meets the national average.
Does minimum wage go up in July 2022 in Illinois?
On January 1, 2022, we saw the Illinois minimum wage increase from $11.00 to $12.00. Not to be outdone, the City of Chicago and Cook County are increasing their set minimum wages on July 1, 2022.
How many hours can you legally work in a day in Illinois?
Illinois Hours of Work: What you need to know
In Illinois, 8 hours is defined as a legal day’s work in all occupations, except farming, unless there is a special contract or agreement to the contrary (IL Comp Stat. Ch. 820 Sec.
Can an employer pay less than minimum wage in Illinois?
Illinois requires employers to pay a minimum of $12.00 per hour for workers 18 years of age and older; workers under 18 may be paid $. 50 per hour less than the adult minimum wage. Overtime must be paid after 40 hour of work per week at time and one-half the regular rate.
What was minimum wage in 1977?
$2.30
Minimum hourly wage of workers in jobs first covered by
| Effective Date | 1938 Act 1 | 1961 Amendments 2 |
|---|---|---|
| Jan. 1, 1975 | $2.10 | $2.10 |
| Jan 1, 1976 | $2.30 | $2.30 |
| Jan 1, 1977 | ||
| Jan 1, 1978 | $2.65 for all covered, nonexempt workers | $2.65 for all covered, nonexempt workers |
Is Illinois cheap to live?
Illinois enjoyed the ninth lowest cost of living in the United States for the third quarter of 2021, according to the Missouri Economic Research and Information Center (MERIC ).
Is Illinois cheaper than California?
California is 22.7% more expensive than Illinois.
How much money does a single person need to live comfortably?
This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.
What was minimum wage in 1972?
1.60
The value of the dollar
| Value of the minimum wage | Value of the minimum wage | |
|---|---|---|
| Year | Current dollars | Constant (1996) dollars 1 |
| 1972 | 1.60 | 4.69 |
| 1973 | 1.60 | 4.56 |
| 1974 | 2.00 | 4.49 |