California Minimum Wage Increase Effective July 1, 2014
/On September 25, 2013, California Assembly Bill 10 (AB 10) became law. It came into effect July 1, 2014, increasing the state’s minimum wage from $8.00 to $9.00 per hour. (Effective January 1, 2016, AB 10 increases the minimum wage to $10.00 per hour.)
Click on your preferred link below to view California’s new minimum wage posters:
This minimum wage change is important to businesses with 100+ full-time equivalent (FTE) California minimum wage employees using the Rate of Pay Safe Harbor for determining affordability of employer-sponsored coverage to avoid an employer penalty in 2015.
It is crucial for employers to adjust their affordability calculation to account for this change in California’s minimum rate of pay from $8.00 to $9.00 per hour effective July 1, 2014.
California minimum wage comparison
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*Information in article sourced from Word & Brown General Agency