Minimum Wage In Chicago 2024. The minimum wage for small businesses continues to increase towards $15 per hour by 2023. One of those policies is the general assembly’s proposed statewide minimum wage hike to $13.50 per hour, that is being considered as part of this.
By abc7 chicago digital team. • $15.80 per hour for employers who have 21 or more employees ($9.48 per hour for tipped employees like restaurant servers).
Chicago’s Minimum Wage For Most Workers Rose To $15.80 Per Hour On July 1, An Increase Of 40 Cents, To Keep Pace With Inflation.
The minimum wage for larger employees increases annually according to the consumer price index or 2.5%, whichever is lower, since reaching $15 per hour in 2021.
Local Minimum Wage For 2023, 2024.
24% on july 1, 2025;
Chicago's Hourly Minimum Wage Is Set To Increase From $15.40 To $15.80 For Employers With 21 Or More Employees, With An Increase From $14.50 To.
The minimum wage ordinance in chicago currently provides that workers, defined as covered employees, shall earn $15.00 per hour.
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Hourly Minimum Wage Rates By Year.
As of july 1, employers with at least 21 employees must pay them at least $15.40 an hour, up from $15 last year.
People Who Work For Larger Employers — That Means Employers With At Least 21 Employees — Must Earn At Least $15.80 Per Hour As Of July 1, An.
16% on july 1, 2026;
Local Minimum Wage For 2023, 2024.
• $15.80 per hour for employers who have 21 or more employees ($9.48 per hour for tipped employees like restaurant servers).