Minimum Wage 2024 California Impact. On october 13, 2023, governor gavin newsom signed california senate bill 525 (ca sb 525), setting a new minimum wage standard for healthcare workers starting june 1, 2024. A ballot measure proposing to raise the state’s minimum wage to $18 per hour is currently certified for the ballot in november.
Beginning january 1, 2024, the minimum wage rate for all hourly employees in california will be $16.00/hour, regardless of company size. A ballot measure proposing to raise the state’s minimum wage to $18 per hour is currently certified for the ballot in november.
This Is A Step Up From The 2023 Rate, Which Was $15.50 For Every Employee.
Fast food workers in california will receive $20 minimum wage starting monday april 1st.
In Mainstream Economics, Commonly Taught In Introductory.
Some cities and counties in california have a local minimum wage that is higher.
The Minimum Exempt Salary For California Employees, Directly Affected By The Minimum Wage Increase, Will Also Rise From $64,480.
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Starting January 1, 2024, All Employers In The Golden State, Regardless Of Their Size, Must Pay Their Employees A Minimum Of $16 Per Hour, An Increase From The Previous Mandated Rate Of $15.50 Per Hour.
A ballot measure proposing to raise the state’s minimum wage to $18 per hour is currently certified for the ballot in november.
Is The Current $16 Per Hour Statewide Minimum Wage High, Low, Or Somewhere In Between?
1, 2023, california’s minimum wage rate no longer depends on employer size and will be adjusted annually to account for the cost of inflation.
Sb 525, Which Newsom Signed Into Law Last Year, Sets A Wage Floor For Healthcare Workers Of Between $18 And.