Minimum Wage California 2024 Annual Salary 2024. On monday, july 31, the california department of finance director joe stephenshaw officially certified that beginning january 1, 2024, california’s minimum wage will increase from $15.50 per hour to $16 per. As a result, employers must pay a salary of at least $1,280 per week beginning january 1, 2024 to.
For 2024, this salary requirement will increase to a monthly salary of $5,546.67 (or an annualized salary of $66,560). California proposition 32, the $18 minimum wage initiative, is on the ballot in california as an initiated state statute on november 5, 2024.