According to the California Labor Code section 1182.12, California’s Director of Finance has the authority to determine annually if an increase to the minimum wage is needed. The $0.50 increase in 2024 was deemed necessary because the CPI grew by over6% between July 2022 to June 2023. ...
As of January 1, 2024, the current minimum wage in California is $16.00 per hour. It is illegal for California employers to pay workers less than minimum wage.
in the case of employees paid at hourly rates, they will review the special minimum wage rates at periodic intervals with a minimum interval of once every 6 months. the employer will adjust wages for all employees at periodic intervals, with a minimum interval of once each year, to r...
BATTLE LINES DRAWN OVER PROPOSED INCREASES IN MINIMUM WAGE LEVELFrank Bartel The SpokesmanReview
From Alan Manning, inJournal of Economic Perspectives(a journal of the American Economic Association),“The Elusive Employment Effect of the Minimum Wage”: Conclusion Much of the literature on the employment of the minimum wage focuses on the question of “what is the employment effect of the ...
If you require our assistance in (i) the preparation of legal opinions regarding minimum wage issues or (ii) review the applicable legal framework to determine the minimum wage corresponding to your workers, do not hesitate to contact our team specialized in labor matters. · Laura Navarrete ...
The House is expected to pass its COVID relief bill as soon as today, but there’s still a question of what happens when the bill gets to the Senate. Yesterday the Senate parliamentarian said the minimum wage increase couldn’t pass via the budget process. We explain the ruling, the reac...
Noting that some low-income workers would become obliged to make contributions after the implementation of the statutory minimum wage on 1 May 2011, Members urged the Administration to expedite the legislative work to revise the minimum and maximum relevant income levels for [...] contributions, ...
This study investigates the impacts of the minimum wage on U.S. regional labor markets. Using ten years of county-level data, we examine the relationship between the minimum wage and several key components of the labor market. Following past research, the number of people in the labor force ...
A 2021 Harvard Business Review study found that raising the minimum wage actually leads to lower compensation for employees. In addition to companies being forced to raise prices, many economists have also warned that companies will be forced to cut jobs, which often ends up disproportionately h...