Contents. 1  1 Minimum wages by country (European countries) 2  2 Minimum wages by country (other countries) 3  3 Minimum wages by country (other territories)  4 For 1  comparison. 5 Countries with no minimum wage.  6 See 1  also. 7 References.  8 External links.
Under Californiaâs plan, its minimum wage, currently one of the highest in the nation at $10 an hour, would rise to $10.50 in 2017, $11 in 2018 and a dollar each year through 2022. The pact was also hailed by labor advocates.
Californiaâs minimum wage increase to $9 per hour is the first increase since Jan. 1, 2008, when the minimum wage reached $8 per hour. California employers are advised to review the compensation and benefits of their hourly and exempt employees and work with legal counsel to ensure compliance with the new rate.owever, because the minimum wage is increasing, the corresponding minimum salary for any exempt employee under the exemptions increases as well: New Rates â Effective July 1, 2014. Old Rates. $9 x 40 hours x 52 weeks x 2. $8 x 40 hours x 52 weeks x 2. Annually. $37,440.