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California Passes
Minimum Wage Hike
Today Governor Jerry Brown signed a bill that will incrementally raise the California minimum wage to $15 per hour over the next seven years. Below is the schedule of increases by size of employer. Employers with 26 or more employees: 1. $10.50 – January 1, 2017 2. $11.00 – January 1, 2018 3. $12.00 – January 1, 2019 4. $13.00 – January 1, 2020 5. $14.00 – January 1, 2021 6. $15.00 – January 1, 2022 Employers with 25 or fewer employees: 1. $10.50 – January 1, 2018 2. $11.00 – January 1, 2019 3. $12.00 – January 1, 2020 4. $13.00 – January 1, 2021 5. $14.00 – January 1, 2022 6. $15.00 – January 1, 2023 The bill allows the governor to delay a particular increase for one year in the event of a budget crisis or an economic downturn. With these increases, California joins New York in becoming the first states to pass legislation that will result in a statewide minimum wage of $15 per hour. |
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Monday, April 04, 2016
California Passes Minimum Wage Hike
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