Question By: California's new minimum wage law, effective January 1, 2024, raises the minimum wage to $16.50 per hour for all employees. This increase reflects the state's commitment to addressing the rising cost of living and ensuring fair compensation for workers.
Employers are required to comply with this new wage floor, impacting businesses across various sectors. The law also mandates that this rate applies to all employees, including part-time and temporary workers. Additionally, certain localities within California may have higher minimum wage rates due to local ordinances, so businesses need to be aware of and adhere to the highest applicable rate.
For salaried employees, the law adjusts the minimum salary threshold for exempt status, which may affect overtime eligibility and classification. Employers must also update their payroll systems and employee handbooks to reflect these changes.
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