Minimum Wage California 2024 Yearly Cost. 32 would raise the current statewide minimum. As of january 1, 2024, california’s minimum wage rates will be $16 per hour for employees working with 26 or more employers and $15.50 per hour for employees.

Oakland —california’s minimum wage will increase to $16 per hour for all employers on january 1, 2024. The california minimum wage is the lowermost hourly rate that any employee in california can expect by law.