Ca State Minimum Wage 2024 Increase. 1, 2024, up from the current $15.50 hourly rate. When employers are paying overtime at time and a half, this results in $24.00 per hour.
Californians will vote on a $18 minimum wage. The california department of finance provided governor newsom with a letter noting that california’s minimum wage will increase by 3.5% to $16.00 per hour for all employers as of january 1, 2024.