Chicago Minimum Wage 2024 Per Hour Calculator. Use smartasset's paycheck calculator to calculate your take home pay per paycheck for both salary and hourly jobs after taking into account federal, state, and local taxes. Making use of our united states minimum wage calculator.
Welcome to the illinois wage calculator! The 2024 federal minimum wage rate is $7.25 per hour.
The Minimum Wage For Illinois Is $14.00 Per Hour Effective January 1, 2024.
This increase was part of a gradual progression that started in 2019 when the city.
The Minimum Wage As Of July 1, 2022 Will Be:
As of july 1, 2023, the minimum wage in chicago is $15.80 per hour for employers with 21 or more workers, and $15.00 per hour for employers with 4 to 20 workers.
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Cook County's Minimum Wage Is Equal To The State Minimum Wage Of $14.00 Per Hour.
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.
Take Home Pay Is Calculated Based On Up To Six Different Hourly Pay Rates That You Enter Along With The Pertinent Federal, State, And Local.
The chicago minimum wage is tiered for large businesses with 21 or more.