By law, it can be adjusted annually for inflation. For employers with 25 or less workers, the minimum wage would reach $18 on.
The california minimum wage is set to increase to $16 per hour on january 1, 2024. Sb 3 set a course for increasing the state’s minimum wage to $15 per hour by january 2022 for larger employers and by january 2023 for smaller employers.
The Law That Establishes California’s Minimum Wage Rate At Twenty Dollars Per Hour Is Purportedly Aimed At Uplifting The State’s Working Poor.
An analysis of activity following california's hourly minimum pay increase to $20 for fast food workers found that critics' grim predictions were spot on:
The California Minimum Wage Is Set To Increase To $16 Per Hour On January 1, 2024.
Fast food lobbyists say the higher california minimum wage law led to a loss of nearly 10,000 jobs.
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As Of January 1, 2024, Employees In California Must Earn An Annual Salary Of No Less Than $66,560 To Meet This Threshold Requirement.
Please be aware that the california minimum wage will increase from $15.50 per hour to $16.00 per hour effective january 1, 2024.
The Law That Establishes California’s Minimum Wage Rate At Twenty Dollars Per Hour Is Purportedly Aimed At Uplifting The State’s Working Poor.