California Minimum Wage 2024 Salary Exempt. This means effective january 1, 2024, california’s minimum wage will increase to $16.00 per hour for all employers, regardless of size. More than half a million california health care workers are expected to see a pay increase in january thanks to a law raising the minimum wage for their industry.
As of 2023, california’s minimum wage currently stands at $15.50 per hour for all employers, with some cities and counties adopting a. 1, 2024, up from the current $15.50 hourly rate.
Employers Also Must Keep In.
As a result of a change in the state’s minimum wage, the minimum salary required for these exemptions under state law will increase to $938.40 per week on.
The Current Exempt Minimum Salary Sits At $64,480 Per Year.
Minimum wage/salary increases the california minimum wage will increase to $16.00 per hour on january 1.
1, 2024, Up From The Current $15.50 Hourly Rate.
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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.
In 2023, the minimum wage is $15.50 for all employees regardless of employer size.
Existing Law Requires Annual Increases To California’s Minimum Wage Until It Has Reached $15.00 Per Hour For All Businesses On January 1, 2023.
The current exempt minimum salary sits at $64,480 per year.