California Minimum Wage 2024 Increase Chart. For employers with 25 or less workers, the minimum wage would reach $18 on january 1, 2026. As of january 1, 2024, employees in california must earn an annual salary of no less than $66,560 to meet this threshold requirement.
In california, however, employers are required to pay employees a minimum of $15.50 โ at base. Beginning jan 1, 2024, californiaโs minimum wage will increase from $15.50 per hour to $16 per hour for all employers, regardless of size.