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California is raising the minimum wage for fast food restaurant employees to $20 per hour starting April 1, 2024. This is $4 more than the state's overall minimum wage.
The bill came after a previous bill was passed requiring a $22 minimum wage. After legislators approved the $22 minimum wage, a ballot initiative was underway to block the $22 minimum wage from ...
When lawmakers passed the bill in 2023, the state's minimum wage was $15.50 an hour. As of May 2023, California had 427,270 fast food workers, according to the Bureau of Labor Statistics, with an ...
Federal laws. [] The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [ 45 ] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
Increasing his employees' wages will cost Johnson about $470,000 each year. He will have to raise prices anywhere from 5% to 15% at his stores, and is no longer hiring or seeking to open new locations in California, he said. “I try to do right by my employees. I pay them as much as I can.
California's minimum wage for large employers stands at $15 an hour. A new inflation estimate released Thursday will boost all wages for low-income workers at all businesses to $15.50 an hour on ...
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. [2] Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by ...