Schedule for California Minimum Wage rate 2017-2023.
|Date||Minimum Wage for Employers with 25 Employees or Less||Minimum Wage for Employers with 26 Employees or More|
|January 1, 2019||$11.00/hour||$12.00 /hour|
|January 1, 2020||$12.00 /hour||$13.00 /hour|
|January 1, 2021||$13.00 /hour||$14.00/hour|
|January 1, 2022||$14.00/hour||$15.00 /hour|
$14 per hour
On April 4, California Governor Jerry Brown signed SB 3 into law. The new law increases the minimum wage to $15 per hour by Jan. 1, 2022, for employers with 26 or more employees. Beginning July 1, 2023, the minimum wage rate will be indexed to inflation based on the Consumer Price Index.
In addition to Florida , the following states have approved $15 an hour minimum wage increases: California . Connecticut . Illinois.
|State||2020 Minimum Wage||2021 Minimum Wage|
|Alabama||$7.25 (Federal, no state minimum)||$7.25 (Federal, no state minimum)|
Originally Answered: Can you live in LA on minimum wage ? You can , but the only people who do that don’t speak English and they have so many roommates, they may be hot bunking. If you are over about 22, you shouldn’t be making minimum wage .
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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Living Wage Calculation for California
|1 ADULT||2 ADULTS (1 WORKING)|
|0 Children||1 Child|
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.