What you need to know: The new national minimum wage will be $915.90 per week or $24.10 per hour.
The department announced that california’s minimum wage will increase by 3.5% to $16.00 per hour for all employers as of january 1, 2024. California’s new law that creates a separate minimum wage applicable only to fast food restaurant employees took effect on april 1, 2024.
In This Blog Post, We Outline The Key Points Employers Should Be Aware Of Regarding The 2024 Minimum Wage Increases Across California.
Beginning january 1, 2024, the minimum wage rate for all hourly employees in california will be $16.00/hour, regardless of company size.
That Rate Will Increase 3.5% Annually Until Reaching $25 In 2033.
Effective date minimum wage (for employers with 26 employees or more) minimum wage (for employers with 25 employees or less) percentage of increase over previous wage.
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Some Cities And Counties Have Higher Minimum Wages Than The State’s Rate.
Effective date minimum wage (for employers with 26 employees or more) minimum wage (for employers with 25 employees or less) percentage of increase over previous wage.
This Initiative, If Passed, Would Incrementally.
In this blog post, we outline the key points employers should be aware of regarding the 2024 minimum wage increases across california.