California might be able to handle it, but it's gonna take us a few years to get there.
On April 4, 2016, Governor Brown signed Senate Bill (“SB”) 3, which increases California’s minimum wage each year so that it will reach $15 per hour in 2022 (unless the increases are temporarily delayed at any point due to certain economic conditions).
Currently, California’s minimum wage is $10/hour. The new law will increase this amount as follows for employers who employ 26 or more employees:
On January 1, 2017, the minimum wage will increase to $10.50 per hour. On January 1, 2018, the minimum wage will increase to $11 per hour. On January 1, 2019, the minimum wage will increase to $12 per hour. On January 1, 2020, the minimum wage will increase to $13 per hour. On January 1, 2021, the minimum wage will increase to $14 per hour. On January 1, 2022, the minimum wage will increase to $15 per hour.
There is a delay in implementations for small businesses. Specifically, the above schedule is delayed at each step by one year for employers with 25 or fewer employees. Commentators have observed that under the schedule set by SB 3, California will soon have the highest minimum wage in the country.
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