Minimum Wage Increases:As of Jan. 1, 2023, the California state minimum wage will increase to $15.50 for all employers, regardless of employee headcount. This also means that as of Jan. 1, 2023, exempt employees in California must be paid a minimum annual salary of $64,480. "Living w...
California State Minimum Wage for Exempt Employees: Beginning on January 1, 2025, the minimum salary forExempt employees in Californiawill increase to$68,640/year, or$1,320/week.1 California State Minimum Wage for Fast Food Employees: On April 1, 2024,AB 1228went into effect, setting the Mi...
2022, to June 30, 2023, as compared to the previous 12-month period. Thus, the agency determined that a minimum wage increase of 3.5% must be implemented.
FLSA - California employers - Minimum Salary Increase for Exempt EmployeesDale A. Hudson
Minimum Wage Increase.As of January 1, 2025, all California employers, regardless of size, must pay their employees at least a minimum wage of $16.50 per hour. Please be mindful of local minimum wage ordinances. The minimum salary that must be paid to exempt employees in California is a fu...
In 2023, Governor Gavin Newsom signedSB 525, which required certain health care facilities to pay a special minimum wage to their employees starting June 1, 2024. Then, on certain subsequent June 1, that minimum wage would incrementally increase before eventually following an annual consumer price...
See City of Los Angeles, Office of Wage Standards,Raise the Wage LA.July 1, 2022 Minimum Wage Ordinance Wage Rate Increase, Los Angeles Mayor. See endnote 2 above. Juan Carlos Guerrero,New California laws taking effect in 2024 impact speed cameras, hotel reservations and more, ABC7 (December...
California employers must ensure that compensation rates for computer professionals meet new salary thresholds, effective January 1, 2023. As inflation continues to rise, so too have the minimum wage thresholds for the California Computer Professional exemption.[1]Indeed, the...
What –Minimum wage increase and exempt salary increase, effective January 1, 2023 Statewide Minimum Wage California’s minimum wage for all employers regardless of size increased to $15.50 per hour. Exempt Employee Minimum Salaries The minimum salary threshold for exempt employees increased to $1,24...
or less is $13.00 per hour, an increase from $12.00 per hour in 2020. California’s minimum wage will be adjusted on a yearly basis through 2023 – increasing $1.00 per hour annually. By the year 2023, all California employers, regardless of size will have a $15/hour minimum wage. ...