California voters will decide on Proposition 32 in November 2024, which proposes a gradual increase in the state minimum wage to $18 per hour, with different timelines for larger and smaller employers, and future adjustments tied to the Consumer Price Index (CPI-W). Click here for article.
Proposition Details: Proposition 32 aims to raise California's minimum wage to $18 per hour, with larger employers reaching this rate by January 1, 2025, and smaller employers by January 1, 2026.
Gradual Increase: The minimum wage for larger employers would increase to $17 in 2024 and $18 in 2025, while smaller employers would see a rise to $16 in 2024, $17 in 2025, and $18 in 2026.
Future Adjustments: Starting in 2027, minimum wage increases will be tied to the U.S. Consumer Price Index (CPI-W), with the Governor having the power to suspend increases during economic downturns.
Exemptions: The proposition will not affect workers already earning a higher minimum wage, such as certain fast food and health care workers who have higher wage standards.
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