07 Sep 2023
Effective January 1, 2024, California’s minimum wage will increase from $15.50 per hour to $16.00 per hour for all employers regardless of size. This increase affects the minimum salary requirement for full-time exempt employees. The minimum salary requirement will increase from $64,480 per year ($5,373.34 per month) currently to $66,560 per year ($5,546.67 per month) January 1, 2024....