June 25, 2019

June 25, 2019

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June 24, 2019

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Illinois Minimum Wage Increases to $15 By 2025

Illinois Governor Pritzger has signed a bill raising the Illinois minimum wage to $15 per hour by 2025, making Illinois the first Midwestern state to hike the minimum wage to that level. States on both coasts, including California, Massachusetts, and New Jersey, have already moved to enact such a hike.

Currently, the minimum wage in Illinois is $8.25 per hour. Under the new legislation, the minimum wage will increase to $9.25 by January 1, 2020 and to $10 on July 1, 2020. The minimum wage will then increase by $1 per hour each January 1 until it reaches $15 per hour in 2025.

The business community opposed this across the board increase, arguing that there should be a longer phase-in and a regional approach with a lower minimum wage outside the city of Chicago. Payroll tax credits provided for in the new legislation are supposed to ease the burden for the business community.

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About this Author

Julie Badel, Education, Banking, Transportation, Epstein Becker Law Firm, Attorney
Member

JULIE BADEL is a Member of the Firm in the Labor and Employment practice, in the Chicago office of Epstein Becker Green. She represents employers in a variety of industries, including manufacturing, education, banking, transportation, advertising, insurance, search, and not-for-profit organizations. 

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