Ca Minimum Wage 2024 Yearly Increase. The minimum salary for overtime exemption will also increase to $66,560 annually. California state minimum wage updates for 2024:

This increase is tied to the ontario consumer price index for 2024. 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.