California State Minimum Wage
|Effective Date||Minimum Wage for Employers With 26 or More Employees||Minimum Wage for Employers With 25 or Fewer Employees|
|January 1, 2020||$13.00/hour||$12.00 /hour|
|January 2, 2021||$14.00 /hour||$13.00/hour|
|January 1, 2022||$15.00 /hour||$14.00 /hour|
|January 1, 2023||$15.00 /hour||$15.00 /hour|
In addition to Florida , the following states have approved $15 an hour minimum wage increases: California . Connecticut . Illinois.
A full time minimum wage worker in California working 40 hours a week, 52 weeks a year , will earn $104.00 per day, $520.00 per week, and $27,040.00 per year 1.
The California minimum wage will increase to $10.50 per hour on January 1, 2017 for businesses with 26 or more employees, and then increase each year until reaching $15 per hour in 2022. California’s $15 Per Hour Minimum Wage Schedule.
|Rate (Jan. 1)||26 Employees or More||25 Employees or Less|
One recent study shows $15 an hour isn’t enough to secure affordable housing in most U.S. states. Nationally, someone would need to make $17.90 an hour to rent a one -bedroom apartment or $22.10 an hour to cover a two-bedroom home, according to analysis from the National Low Income Housing Coalition.
Target raises minimum wage to $15 an hour for store, distribution and headquarter employees. The company has committed close to $1 billion this year in bonus pay this year.
While the federal minimum wage is $7.25, most states and many cities have higher minimum wages resulting in almost 90% of U.S. minimum wage workers earning more than $7.25. The effective nationwide minimum wage , the wage that the average minimum wage worker earns, is $11.80 as of May 2019.
|State||2020 Minimum Wage||2021 Minimum Wage|
|Alabama||$7.25 (Federal, no state minimum)||$7.25 (Federal, no state minimum)|
The annual earnings for a full-time minimum – wage worker is $15,080 at the current federal minimum wage of $7.25. Full-time work means working 2,080 hours each year, which is 40 hours each week. However, many states have their own minimum wages , including 29 that are currently higher than the federal rate.
The average salary in California is $63,783 . That is the median salary, which is a more accurate picture of average salaries in California than the mean salary.
$267.80. The weekly take-home pay for a 40-hour-a-week minimum-wage employee, after Social Security and Medicare taxes. That adds up to $13,926.38 per year, or just over $1,150 per month. The commonly cited minimum wage annual salary for a 40-hour-a-week worker is $15,080 — before taxes.
It is illegal for California employers to pay employees less than the minimum wage . If your employer violates minimum wage laws, you can recover the money you are owed in a wage and hour lawsuit. If the violation affects numerous employees, a wage and hour class action lawsuit may be appropriate.
The chart below indicates the history of both Federal, and State minimum wage rate changes up to the upcoming rate changes in 2020. Minimum wage rates most often change based on the CPI (Consumer Price Index). Federal Minimum Wage Information.
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Voters in Arizona , Colorado , Maine and Washington approved November ballot measures to raise their respective minimum wages. Arizona , Colorado and Maine will incrementally increase their minimum wages to $12 an hour by 2020. Washington’s will be increased incrementally to $13.50 an hour by 2020.