Ca Minimum Wage 2024 Yearly Cost. Fast food restaurant employers, effective april 1, 2024, and healthcare. For employers with 25 or less workers, the minimum wage would reach $18 on.

As of january 1, 2024, employees in california must earn an annual salary of no less than $66,560 to meet this threshold requirement. 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.