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SMALL BUSINESS NEWS

30 May 2014

 

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California Senate Pass Minimum Wage Increase

 

The California Senate approved a bill to increase the minimum wage in california from it’s current rate of $9.00 to $13.00 by 2017. 

The California minimum wage rate is currently $8.00 but will go to $9.00 in July.  If SB-935 is passed by the California House and is signed into law by the Governor it will increase the minimum wage to $13.00.  The bill was sponsored by State Senator Mark Leno.

The increase will take place in increments.  The first increase will be going from $9.00 to $11.00 in January 2015, then $12.00 in January 2016 and $13.00 in January 2017.  After that the increases will be automatically tied to the California Consumer Price Index (CPI).

The law would apply to all industries, including public and private organizations.

 

See how California minimum wage rate compares to other states. 

Sources:
California SB-935
State Senator Mark Leno

 


By Jack Rivers

 

 

 

 

 

 

 

 

 

 
 

 

  
 

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