Contract Types Comparison Party 1 offers Unilateral Services or goods that the other party requested, usually in an open request Implied Services or goods Express Anything Simple Something of value to the other party9 more rows •
What is the minimum wage in Chicago? Beginning on July 1, 2024, the minimum wage in Chicago will be: $16.20 per hour for Employers who have 4 or more Employees ($11.02 per hour for tipped Employees like restaurant servers).
As of July 1, 2024, the minimum wage in Chicago is $16.20 per hour for employers with 4 or more workers. Tipped workers (workers who receive tips as part of their wage, like restaurant servers) have a minimum wage of $11.02 for employers with 4 or more workers.
Cook County Living Wage Ordinance As of 2025, the living wage is $15.46/hr with employer-provided healthcare benefits, and $19.32/hr without.
The Chicago Minimum Wage Ordinance raises the city's minimum wage annually by the rate of inflation, with a cap of 2.5%. The city's minimum wage increased to $16.20 per hour on July 1, 2024. Illinois' minimum wage is currently $14.00 as of January 1, 2024 and will increase to $15 per hour by January 1, 2025.
Ten states and Washington, D.C. have minimum wages of $15.00 or more: California. Connecticut. Delaware. Illinois. Maryland. Massachusetts. New Jersey. New York.