Salary Exempt Minimum Wage 2024 In California. Exempt employees must receive an annual salary of at least $66,560. The state’s minimum wage is now $16.
Six months after the $20 wage took effect there’s a new debate in political, media and academic circles over its impact. Effective january 1, 2024, the minimum wage is $16.00 per hour for all employers, not otherwise covered by a higher minimum wage specific to an industry or a locality.