Fiscal Focus

This publication is designed to provide fiscal information of general interest. Fiscal Focus is published by the office of Illinois State Comptroller Susana A. Mendoza, 201 Statehouse, Springfield IL 62706. Questions or comments may be directed to 217-782-6000.

MINIMUM WAGE

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The state’s minimum wage rose to $14 an hour January 1st. That’s up from $13 and part of a plan to bring the Illinois minimum wage for hourly workers up to $15 in 2025.

This is the sixth increase since the law gradually increasing the rate took effect in 2020. Prior to then, the minimum wage sat at $8.25 an hour for 10 years.

Additionally, the minimum wage for tipped workers is now $8.40 per hour and teens working fewer than 650 hours per calendar year now must be paid at least $12 per hour.

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Fiscal Focus
Fiscal Focus

Published in Fiscal Focus

This publication is designed to provide fiscal information of general interest. Fiscal Focus is published by the office of Illinois State Comptroller Susana A. Mendoza, 201 Statehouse, Springfield IL 62706. Questions or comments may be directed to 217-782-6000.

Illinois State Comptroller
Illinois State Comptroller

Written by Illinois State Comptroller

The official account for Illinois State Comptroller Susana A. Mendoza. Follow us for office services and #ILbudget updates.