7/10/14
Executive Summary
Coverage: Employers with employees working in California.
Effective Date: Beginning July 1, 2014.
Overview: The law increases the state’s hourly minimum wage rate from $8.00 an hour up to $10.00 an hour by January 1, 2016. The rate increase takes effect in two stages: a $1.00 increase on July 1, 2014 to $9.00 an hour, and another $1.00 increase on January 1, 2016 to $10.00 an hour. The last time California increased its minimum wage was on January 1, 2007.
Action Required: Consult your Human Resource Business Partner as needed.