2017 California Minimum Wage Increase
- On 9 December 2016
- Posted by Chantal Mariotti
On January 1st 2017, California is increasing its minimum wage to $10.50 per hour for businesses with 26 or more employees. Smaller businesses, with 25 or fewer employees, may continue to pay the current minimum wage ($10/hour).
This increase is part of a larger change, which is slowly raising the California minimum wage up to $15 per hour. Larger businesses will have to meet the $15/hour minimum wage by 2022, whereas smaller businesses have until 2023.
Now is a good time to review your wage policies. Changes to minimum wage can affect employers in more ways than they expect. So it’s a good idea to review your wage policies to make sure they’re in line with all current regulations. State enforcement agencies have made enforcing wage policies a priority, so it’s more important than ever to make sure you’re compliant.
For more information on how California’s minimum wage increase might affect your business, download the CalChamber’s white paper, California’s Minimum Wage Hike Brings Many Changes.
Need more help? Call us today at (818) 845-5584 or email us at firstname.lastname@example.org for advice on how to ensure your wage policies are up to date.