California Minimum Wage Earners to Receive 12.5% Raise on July 1, 2014
Since January 1, 2008, the minimum wage in California has been $8 per hour. Effective July 1, 2014, the minimum wage will be $9 per hour, increasing to $10 per hour on January 1, 2016.
The coming increase on July 1st represents a 12.5% increase. Wow, sounds pretty good, doesn't it!? But wait. If the minimum wage was tied to inflation, $8 in 2008 equates to $8.81 in 2014, which is pretty darn close to where it will be next month.1
If you are a California sheepherder, however, since January 1, 2008, your minimum monthly salary has been $1,422.52. This will be raised on July 1, 2014 to $1600.34 also a 12.5% increase) and to $1777.98 effective January 1, 2016. Based on a standard 2080 work year, sheepherders' miniumum wage will be $9.23 on July 1st, or 23 cents more than non-sheepherding professions. Gotta love our California laws.
The Federal minimum wage has stood at $7.25 since July 24, 2009. $7.25 in 2014 dollars equates to about $6.56 in 2009 dollars.
To learn more about California minimum wages, visit www.dir.ca.gov/dlse/faq_minimumwage.htm. Federal minimum wage laws are at www.dol.gov/dol/topic/wages/minimumwage.htm.
Looking for a job that perhaps earns more than the minimum wage? Check out THIS LIST of nearly 300 employers in Ventura County and surrounding areas.
1. Calculated using Bureau of Labor Statistics CPI Inflation Calculator at www.bls.gov/data/inflation_calculator.htm.