Minimum Wage California 2024 Annual Salary Table. 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. Existing law requires annual increases to california’s minimum wage until it has reached $15.00 per hour for all businesses on january 1, 2023.

In late july 2023, the california department of finance. California’s state minimum wage rate is $16.00 per hour.