Illinois’ minimum wage will rise again in 2024, check these details

0
250
Minimum wage: Illinois' minimum wage will rise again in 2024. You need to know these details

Minimum wage:  The Illinois Department of Labor informs citizens of the state in a press release that the minimum wage in Illinois will rise on January 1.

Employee pay will rise from $13 to $14 per hour, an increase of $1. For workers who get tips, the minimum wage will rise to $8.40 per hour. Additionally, youth workers (those under the age of 18) who work fewer than 650 hours per calendar year will receive an hourly wage increase of $12 per hour.

Governor JB Pritzker stated, “I’ve made it my mission to put Springfield back on the side of working families since day one as Governor.” “We are once again making Illinois a more equitable and affordable place for all of our residents to live with this new minimum wage increase.”

These new laws will go into effect in NY and NJ in 2024

“By raising the minimum wage, we’re able to maintain and strengthen our workforce.” Lt. Gov. Juliana Stratton stated, “Leadership matters, and we’re proud to see our administration’s sixth increase go into effect on January 1.” “This new increase brings us closer to a more equitable Illinois as we continue to work to make it the best state to live, work, and raise a family.”

Since Pritzker signed historic legislation in 2019 that established a timeline of hikes leading to a $15 per hour minimum wage in 2025, the state’s minimum wage has increased six times.

Social Security Benefits: How soon will you begin receiving a Social Security increase in 2024?

“The cost of living has not kept up with these laws nationwide,” stated Jane Flanagan, director of the Illinois Department of Labor. Increasing wages have made it easier for Illinois workers to pay for groceries, child care, and other daily necessities. We are happy that, once again, on January 1st, workers will receive a raise, even if many working families are still having financial difficulties. We also keep searching for methods to improve living and working conditions in Illinois.

Ensure that workers are receiving the necessary compensation by checking their paystubs in the new year. In Chicago, workers are compensated differently based on their firm’s size.