California Salaried Minimum Wage 2024. As of 2024, workers have the right to receive a minimum hourly wage of no less than $16. As of january 1, 2024, to be considered an exempt employee in the u.s., a worker must be paid a minimum salary of $844 per week, or $43,888 per year.
California’s minimum wage to increase to $16 per hour in january 2024. The minimum wage will then increase by the amount of cpi, up to a maximum increase of 3.5 percent, rounded to the nearest ten cent increment.
New Base Wage For Fast Food Workers.
It has been officially announced by the california department of finance that effective january 1, 2024, california’s minimum wage will increase from $15.50 per hour.
The Minimum Wage Will Then Increase By The Amount Of Cpi, Up To A Maximum Increase Of 3.5 Percent, Rounded To The Nearest Ten Cent Increment.
This initiative will be on the ballot for the.
California Salaried Minimum Wage 2024 Images References :
The Minimum Wage In California, Effective January 1, 2024, Is $16.00/Hour For All Employers.
California's state minimum wage has been progressively increasing.
Beginning January 1, 2024, The Statewide Minimum Wage In California Will Increase To $16.00/Hour, But Some Cities Within The State May Require Higher Wages.
Fast food restaurant employers, effective april 1, 2024, and healthcare facility employers, effective june 1, 2024, will have a higher minimum wage.