Illinois Minimum Wage 2024 Per Hours. Employees covered under the federal fair labor standards act are subject to the federal minimum wage of $7.25, but. The minimum wage increases annually according to the consumer price index or 2.5%, whichever is lower.

As of july 1, 2023, the minimum wage in chicago is $15.80 per hour for employers with 21 or more workers and $15 per hour for employers with 4 to 20. Workers receive a higher minimum wage in illinois that exceeds the federal minimum wage of $7.25.