What Is Minimum Wage In Illinois July 2020, Monarch Accounting Group Blog Over 50 Years Experience With Financial Accounting And Tax Services In Hinsdale Burr Ridge Monarch Accounting Group

The states minimum wage is scheduled to increase an additional 1 per hour each year on january 1 until it reaches 15 per hour in 2025.

Marijuana news us. Illinois minimum wage will make its second increase this year to 10 an hour on july 1 2020. For example the minimum cash wage for tipped employees in illinois is increasing to 6 per hour on july 1 2020. Employees who are over the age of 18 and earn tips must be paid a minimum of 60 percent of the hourly wage.

These workers must still earn the minimum wage after receiving tips. Certain employees must be paid overtime at time and one half of the regular rate after 40 hours of work in a workweek. The illinois minimum wage as of july 1 2020 is 10 per hour for non tipped employees ages 18 and over which is a fair bit higher than the federal minimum wage of 725 per hour.

Beginning january 1 2020 if a worker under 18 works more than 650 hours for the employer during any calendar year they must be paid the regular over 18 wage. Illinois minimum wage rate as of f 2020 is 925 per hour. A full time minimum wage worker in illinois working will earn 37000 per week or 1924000 per year.

Effective july 1 2020 an additional 075 increase will be effective bringing the new minimum wage to 1000 per hour and will then increase by 1 per hour each january 1st until it reaches 15 per hour by 2025. The city of chicago minimum wage will also increase on july 1 2020 to 1350 per hour for small employers four to 20 employees and 14 per hour for large employers 21 or more employees. Tipped workers can still be paid 60 of the regular minimum wage.

Illinois minimum wage increases to 10 per hour this week. The city of chicago minimum wage will also increase on july 1 2020 to 1350 per hour for small employers four to 20 employees and 14 per hour for large employers 21 or more employees. The city of chicago minimum wage will also increase on july 1 2020 to 1350 per hour for small employers 4 to 20 employees and 14 per hour for large employers 21 or more employees.

Tipped employees may be paid 60 of the hourly minimum wage. 1 until it reaches 15 per hour in 2025. By associated press wire service content june 28 2020 by associated press wire service content june 28 2020 at 1054 am.

1 until it reaches 15 per hour in 2025. Minors ages 18 and under may be paid a minimum wage of 800 per hour.