Current Minimum Wage In California 2024. Proposition 32 would raise the minimum wage to $17 for the remainder of 2024, and $18 an hour starting in january 2025 — a bump from the current $16. As of january 1, 2024, employees in california must earn an annual salary of no less than $66,560 to meet this threshold requirement.

For employers with 26 or more workers, the minimum wage would reach $18 on january 1, 2025. Beginning january 1, 2024, the minimum wage rate for all hourly employees in california will be $16.00/hour, regardless of company size.