Ca Minimum Wage 2024 Pdf Gov. The assumed general fund savings under the proposal is modest—$26 million in 2024‑25. Effective january 1 st, all employees in the state must be earning at least $16 per hour.
Here’s what employers need to know: Computer professionals must earn a minimum of $115,763.35 per year (or $55.58 per hour) to be exempt from overtime.
Here's What Employers Need To Know:
The assumed general fund savings under the proposal is modest—$26 million in 2024‑25.
Effective July 1, 2024, These Localities Will Increase Their Minimum Wage To:
The final rule creates automatic increases to exempt salary thresholds in the future.
Sb 3 Set A Course For Increasing The State’s Minimum Wage To $15 Per Hour By January 2022 For Larger Employers And By January 2023 For Smaller Employers.
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Effective January 1 St, All Employees In The State Must Be Earning At Least $16 Per Hour.
The first increase is scheduled for july 1, 2027, and subsequent increases will occur every three years.
The Assumed General Fund Savings Under The Proposal Is Modest—$26 Million In 2024‑25.
Computer professionals must earn a minimum of $115,763.35 per year (or $55.58 per hour) to be exempt from overtime.