• Have You Budgeted for the July 2014 Minimum Wage Increase?
  • May 21, 2014 | Author: Wendy L. Tucker
  • Law Firm: Procopio, Cory, Hargreaves & Savitch LLP - San Diego Office
  • As you are preparing your school’s budget for the coming school year, be sure to take into account increased operating costs due to the coming increase in California’s minimum wage. This increase will affect both hourly and salaried employees. On July 1, 2014, California’s minimum wage will be increasing from $8.00 per hour to $9.00 per hour. That means, of course, that starting July 1, all hourly employees must be compensated a minimum of $9.00 per hour. Failure to pay the minimum wage will result in an assessment of liquidated damages equal to the amount of unpaid wages. Of course, this increase will also cause overtime rates to increase.