CPR: Just like earlier this year, because of the enactment of SB 3 (Leno) in 2016, California’s minimum wage is going up again. On January 1, 2018, the state’s minimum wage will be increased for all sizes of businesses as “small employers” will see their first wage hike in recent years.
Under prior state law, the minimum wage for all industries increased to $10 per hour on January 1, 2016. Pursuant to SB 3, the minimum wage for all industries will be increased to $15 per hour by January 1, 2022 for businesses employing 26 or more employees and by January 1, 2023 for businesses employing 25 or fewer employees (referred to as “small employers”).
The law does provide that the scheduled increases may be temporarily suspended by the Governor based upon him or her making certain determinations. Additionally, the law requires the Director of Finance, after the last scheduled minimum wage increase, to annually adjust the minimum wage under a specified formula. In the meantime, the wage will go up incrementally each year.
The following lists the scheduled minimum wage increases for any business that employs 26 or more employees:
* On January 1, 2018 to $11 per hour
* On January 1, 2019 to $12 per hour
* On January 1, 2020 to $13 per hour
* On January 1, 2021 to $14 per hour
* On January 1, 2022 to $15 per hour
The following lists the scheduled minimum wage increases for any business that employs 25 or fewer employees:
* On January 1, 2018 to $10.50 per hour
* On January 1, 2019 to $11 per hour
* On January 1, 2020 to $12 per hour
* On January 1, 2021 to $13 per hour
* On January 1, 2022 to $14 per hour
* On January 1, 2023 to $15 per hour
In February 2014, the Congressional Budget Office (CBO) issued a report regarding the impact of the proposal to raise the federal minimum wage to $10.10 an hour. The conclusion was that, although some low-wage workers would receive a higher income through the increased minimum wage hike, “some jobs for low-wage workers would probably be eliminated, the income of most workers who became jobless would fall substantially, and the share of low-wage workers who were employed, would probably fall slightly.”
We can expect that as robots displace more workers who will naturally be disenchanted with the politicians who passed this idiotic monstrosity, politicians will begin agitating for registering those robots to vote.
Uncle Al
They’re already trying to figure how how much to TAX robots so they can pay people to stay home and watch TV.
@Bad_Brad – Then the process has already begun. You can’t have taxation without representation, after all! (-:
If Robots are taxed, they’ll have to go into prostitution to make ends meet which will apparently not make millennials happy if they have to pay for sex.
Uncle Al
Yes it has begun and the so called Tech Leaders of the Silicon Valley are the one driving it. Go figure.
Well when the people in California can’t afford it then people in California can it the criminal illegal aliens
And sadly the exodus from CA will continue and liberals fleeing will end up ruining other states by imposing the same liberali policies they are fleeing.
Nancy nanny pelosi state. Let them keep electing the communist in California
Let them eat criminal illegal aliens .
I have two vineyards here in good old Cali, one i machine harvested this year for $325/acre, the other was hand picked…$800/acre, I’ll be machine harvesting both next year.
thankfully i escaped that gawd forsaken place in 2004, it’s a wonderful state…except for the libs/democrats/socialists/communists/illegals/taxes/nutbags/etc/etc/and oh yes, etc