The assumed general fund savings under the proposal is modest—$26 million in 2024‑25. Recent developments at the state and local level have ushered in new changes to california minimum wage laws.
A decade of policy changes in the state capitol has raised the minimum wage for. Effective january 1 st, all employees in the state must be earning at least $16 per hour.
For Highly Compensated Employees, The Minimum Salary Will Be $132,964 On July 1, 2024, And Increase To $151,164 On January 1, 2025.
Exempt employees must make at least.
For Reference, The State Budget Assumes That Its Existing Labor.
Everything to know about california’s $16 minimum wage.
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Everything To Know About California's $16 Minimum Wage.
Here's what employers need to know:
Recent Developments At The State And Local Level Have Ushered In New Changes To California Minimum Wage Laws.
Effective january 1 st, all employees in the state must be earning at least $16 per hour.