Ill. minimum wage hike proposal would increase value of worker time and attendance
Illinois is considering a raise to the state's minimum wage but the idea hasn't won universal acclaim.
Ill. Gov. Pat Quinn has expressed a desire to increase the wage floor for workers in the Land of Lincoln, according to local news source the Quincy Herald-Whig. The current rate of $8.25 per hour would go up to $10 under the proposal.
Quinn believes that a higher wage would benefit workers in the state who earn the least, positively affect poverty rates and drive the growth of the state's economy. For those currently earning the lowest rate, employee time would be worth more, with workers who put in 40 hours per week making an extra $280 each month. Illinois' minimum wage is currently the highest amongst all bordering states.
Opposition to the proposal has come from a variety of groups, including Republicans in the state and advocacy organizations like the Illinois Retail Merchants Association and state chamber of commerce, according to local ABC affiliate WLS-TV. The extra pressure on businesses would result in fewer jobs and hours and increased prices.
With the possibility of minimum wage increases present in individual states and on the federal level, the use of employee management software can help businesses maintain proper records and stay compliant.
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