New Minimum Wage 2024 Illinois Cost. A no vote opposes establishing a $13.75 per hour minimum wage by 2025, which would be increased by $1.25 per hour each year until 2026, when the minimum wage is $15 per hour,. Starting january 1, 2024, workers under 18 who work less than 650 hours annually will have a minimum wage of $12 per hour.
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