Ca Minimum Wage 2024 Yearly Pay. Gavin newsom wants to delay its start date because of its cost. The california minimum wage, effective january 1, 2024, is $16.00 per hour, regardless of the size of the employer [source].
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 november 2024, california voters will decide whether to raise the minimum wage to $18 per hour by 2026 for all employers.