On July 1, 2018 small businesses will have to pay a new minimum wage of $12.00 The current minimum wage is $10.50.
Big businesses will have their minimum wage increase from $12.00 to $13.25 an hour.
Employers in Los Angeles County will also see changes in minimum wage.
What’s the new minimum wage for 2018?
California’s $15 Per Hour Minimum Wage Schedule
|Rate (Jan. 1)||26 Employees or More||25 Employees or Less|
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What is the minimum wage in Los Angeles California 2019?
Malibu’s minimum wage law mirrors that of the City of Los Angeles. For businesses with 26 or more employees, the minimum wage rose to $10.50 per hour on July 1, 2016. This will rise to $12.00 on July 1, 2017; $13.25 on July 1, 2018; $14.25 on July 1, 2019; and $15.00 on July 1, 2020.
What is the minimum salary in Los Angeles?
Specifically in the city of Los Angeles, minimum wage moved up to $13.25 from $12 in July 2018 at businesses with more than 26 employees. For businesses with less than 26, wages were required to bump from $10.50 to $12. Mayor Eric Garcetti signed the measure in 2015, ensuring wages will increase to $15 by 2020.
What is the minimum wage in 2018?
The rate of the compulsory National Living Wage for adults aged 25 and over will increase from £7.50 to £7.83 per hour on 1 April 2018. The revised National Minimum Wage rates that will also take effect on 1 April 2018 are: Workers aged 21-24 to increase from £7.05 to £7.38 per hour.
How much does it cost to live in Los Angeles?
According to myapartmentmap.com, the average rent on a one-bedroom LA apartment is $1,949. That’s almost twice the national average rent for a one-bedroom, a mere $977. Need two bedrooms in LA? Expect to pay around $2,846.
How much would minimum wage be if it kept up with inflation?
1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation.
What state pays the highest minimum wage?
Photo in the article by “Wikimedia Commons”