On January 1, 2024, California will increase its minimum wage from $15.50 to $16.00 for all employers in the state. As the salary threshold for exempt employees is two times the State’s minimum wage, the new exempt salary minimum will also increase from $64,480 to $66,560 (or $1,280 per week).
In addition to California, many localities will also be making adjustments to their local minimum wages at the same time. California employers must comply with the higher of the State minimum wage and the local minimum wage applicable to their workforce. Below is a list of localities that will have minimum wage increases effective January 1, 2024:
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