California Minimum Wage 2024 Small Business Owners. In 2023, the minimum wage is $15.50 for all employees regardless of employer size. When employers are paying overtime at time and a half, this results in $24.00.
Small business owners in los angeles are expressing mixed reactions to california’s recent minimum wage increase from $15.50 to $16 per hour. The minimum wage in california for 2024 is $16.00 per hour for hourly employees.