California raise minimum wage

California is Raising the State’s Minimum Wage January 1, 2023

At present, state minimum wage in California is $15 per hour for companies with 26 or more employees and $14 per hour for companies with 25 or fewer employees.

On May 12, 2022, Governor Newsom announced that because inflation is projected to increase by 7.6% for the 2022 fiscal year, California’s minimum wage will increase to $15.50 per hour for all employees, regardless of employer size effective January 1, 2023.

With the minimum wage increasing to $15.50 in 2023, employers should be aware that it will affect the following employees:Read more

Pocket Watch And Five Dollar Bills minimum wage increase

Increases in State and Local Minimum Wages and Injunction on Federal Contractor Vaccine Mandate

Increase in State Minimum Wage

The California minimum wage will increase effective January 1, 2022. For employers with 25 employees or less, the minimum wage will increase to $14.00 per hour, and for employers with 26 or more employees, the minimum wage will increase to $15.00 per hour.

The minimum wage increase also affects employees who are classified as exempt, who must earn at least twice the state’s minimum wage, AND satisfy the job duties criteria for an exempt position.

Starting January 1, 2022, the minimum salary (gross) that must be paid to exempt employees is as follows:Read more