California to raise minimum wage to $15.50

May 16, 2022
568 views
0 comments
Share
Consultation

California's minimum wage is set to jump to $15.50 per hour next year. The increase is triggered by soaring inflation and will benefit about 3 million workers in the state. This increase in the minimum wage is required by a state law passed in 2016. In his upcoming budget proposal, Governor Gavin Newsom revealed a new proposal to send checks for at least $1,000 to 600,000 hospital and nursing home workers in recognition of their dangerous work throughout the pandemic.

H.D. Palmer, California Department of Finance spokesman said, "We're still overall having a very strong economic recovery in the state from the COVID-19 recession. But it's clear that we face a lot of headwinds: gas prices remain high, food prices are high because of inflation." The details of the inflation relief package were disclosed by the governor's office on Thursday.

California lawmakers had voted to increase the minimum wage to $15 per hour in 2016. But the increase was phased over many years. Today, the minimum wage per hour is $15 for companies with 25 or more workers and $14 for companies with fewer workers. The law states that the minimum wage should increase to $15.50 if inflation increased by more than 7% between the 2021 and 2022 fiscal years. The California Department of Finance said that the project inflation for the fiscal year 2022 will be 7.6% higher than last year, which triggered the increase.

Source: CBS News

568 views
0 comments

Tags In

Law

Previous days news

May 15 May 9 May 8 May 6 May 5

Best tech jobs in the United States : BLS data

Sep 06, 2022
1482 views
0 comments
Background Checks

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Sep 06, 2022
889 views
0 comments
Background Checks

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Aug 17, 2022
1515 views
0 comments
Background Checks

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

Aug 17, 2022
884 views
0 comments
Background Checks

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

Aug 10, 2022
1512 views
0 comments
Background Checks

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

California to raise minimum wage to $15.50

California to raise minimum wage to $15.50

Tags In

Others news

Category

Tags

Articles