Ca Minimum Wage 2024 Yearly. As of january 1, 2024, employees in california must earn an annual salary of no less than $66,560 to meet this threshold requirement. Beginning january 1, 2024, the minimum wage rate for all hourly employees in california will be $16.00/hour, regardless of company size.
The central government has revised the variable dearness allowance for unorganized sector workers, increasing their monthly wages. In 2023, the minimum wage is $15.50 for all employees regardless of employer size.