Minimum Wage Increase January 1, 2023 ($15.50 Per Hour For All California Employers)
On January 1, 2023, California’s minimum wage increased by $.50 to $15.50 per hour. Certain cities, including the City of Los Angeles is $16.04 per hour and Unincorporated Los Angeles County is $15.90 per hour.
This is the first of a series of annual increases that will bring up California’s minimum as inflation and CPI increase.
The new minimum wage applies to all employees who work in California for employers subject to both federal and state laws.
Per the employment law attorneys at Chase Law Group (a Lomita Chamber member):
“Employers must pay their employees pursuant to whichever law affords employees the highest minimum wage. Also increases in the state minimum wage requires that exempt employees must be paid twice the state minimum wage for full-time employment (40 hours per week). Therefore, as of January 1, 2023, most exempt salaried workers must be paid no less than $64,480 to retain exempt status.”
Should you have any questions regarding your company’s employment law concerns, contact an employment attorney for guidance.