California Minimum Wage 2024 20 Dollars A Week . For exempt employees, the minimum wage is $66,560/year or $1,280/week. The new statewide minimum wage for hourly employees in california starting january 1, 2024, is $16.00/hour, regardless of the size of the business.
Small businesses with 25 or fewer employees would be required to start paying at least $17 next year, and $18 in 2026. This is a step up from the 2023 rate, which was $15.50 for every employee.
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