Minimum Wage California 2024 Yearly Income. The new statewide minimum wage for hourly employees in california starting january 1, 2024, is $16.00/hour, regardless of the size of the business. California labor code requires the california department of finance to make an annual determination that economic conditions can support a statewide minimum wage increase and certify to the governor and the legislature that such conditions are met.
This new minimum wage—which applies to most california employers—took effect on january 1, 2024. State law requires that most california workers be paid the minimum wage.
The Minimum Base Wage For Exempt Employees Is $66,560/Year, Or $1,280/Week.
The federal minimum wage is $7.25 per hour and the california state minimum.
Employers Must Also Take Into Account That Some Cities And Counties In California Have Adopted Their Own Local Minimum Wage Rates That Are Separate From The State Rate.
By this measure, california’s minimum wage is at the same level typically observed right after past minimum wage increases in the u.s.
Minimum Wage California 2024 Yearly Income Images References :
Release Table For 2024, Release Tables:
California's minimum wage rate as of f, 2024 is $16.00 per hour.
The Data On This Page Was Last Updated On February 14, 2024.
There is a minimum amount that employers must pay their staff on an hourly basis.
