California Salaried Minimum Wage 2024. This means that state law in california provides a higher salary basis for exempt workers than what is provided under federal law. What is the minimum salary across the country?
On saturday, june 22, newsom and legislative leaders announced an agreement to close an estimated $46.8 billion budget deficit. Photo by rahul lal for calmatters.
The State's Minimum Wage Will Increase On January 1, 2024.
This means effective january 1, 2024, california’s minimum wage will increase to $16.00 per hour for all employers, regardless of size.
Effective January 1, 2022, California's Minimum Wage Is $15 Per Hour For Employers With 26 Or More Employees And $14 Per Hour For Employers With 25 Or Fewer Employees.
When employers are paying overtime at time and a half, this results in $24.00 per hour.
The 2024 California Minimum Wage Is $16.00 Per Hour.
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California Increases State Minimum Wage.
The 2024 california minimum wage is $16.00 per hour.
Discover The Latest California Minimum Wage Increases Effective July 1, 2024 In Local Cities And Counties.
The minimum base wage for exempt employees is $66,560/year, or $1,280/week.
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.