Minimum Wage California 2024 Yearly Cost. 1, 2024, according to the department of industrial relations (dir). This year, california has decided that the minimum wage increase will include an inflation adjustment of 3.5 percent for all employees.
On monday, july 31, the california department of finance director joe stephenshaw officially certified that beginning january 1, 2024, california’s minimum wage will increase from $15.50 per hour to $16 per hour for all. More than half a million california health care workers are expected to see a pay.