What Is The Minimum Wage In Illinois 2017?

What is the minimum wage in Illinois in 2018?

While there have been many changes for Illinois employers in the last year, what remains unchanged is the state’s minimum wage. Illinois’ minimum wage will remain at $8.25 an hour* (Chicago and Cook County excluded).

What states have $15 minimum wage?

Other states that have already enacted phase-ins of a $15 minimum wage include California, Connecticut, Florida, Massachusetts, New Jersey, Illinois, Maryland, and Rhode Island. Virginia may also raise its scheduled wage of $12 in 2024 to $15 by 2026 if re-approved by the General Assembly.

What is the minimum wage in Illinois in 2020?

Minimum wage earners received the first increase of $1 to $9.25 per hour on Jan. 1, 2020. According to a state of Illinois news release, the last time Illinois increased its minimum wage was in 2010, when the minimum wage was raised from $8 to $8.25 per hour.

Is minimum wage going up to $15 an hour in 2021?

On January 1, 2021, California’s statewide minimum wage will increase to $14 per hour for employers with 26 or more employees, and $13 per hour for employers with 25 or fewer employees. This latest increase will move California one step closer to its goal of a $15 per hour minimum wage.

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What state has lowest minimum wage?

The two states with the lowest minimum wage are Georgia ($5.15) and Wyoming ($5.15). However, employers in Georgia and Wyoming who are subject to the Fair Labor Standards Act must still pay the $7.25 Federal minimum wage.

Did Illinois pass the $15 minimum wage?

The $15 per hour minimum wage starting in Chicago on Thursday makes it the highest minimum wage in Illinois currently – though the state will eventually reach $15 an hour as well. Illinois’ statewide minimum wage increased to $11 on Jan.

Is $18 an hour good?

If you are working a full-time job, you will be working 40 hours per week on average. $18 per hour multiplied by 2,080 working hours per year is an annual income of $37,440 per year. 16 an hour is great as a single person with no health problems to live comfortably. However it definitely isn’t a good career wage.

Will wages go up in 2021?

[1] As of January 1, 2021, the minimum wage in California increased by $1 per hour to $14 per hour for employers with 26 or more employees and $13 per hour for employers with 1-25 employees.

Is minimum wage going up in 2020 in Illinois?

The rate remains $11-an-hour in Illinois. CHICAGO (WLS) — Chicago’s minimum wage increase to $15-an-hour took effect Thursday. For tipped workers, the rate goes up to $9-an-hour. Their employers are required to make up the difference if tips don’t get them up to $15-an-hour.

How much money do you need to live comfortably in Chicago?

Not sure how much you need to earn to live comfortably in Chicago? The recommended household income for a one-bedroom in Chicago is about $66,636 a year, or $32.03 an hour. However, the “living wage” is defined as the minimum amount of money needed to live above the poverty threshold.

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