California is home to nearly 7 million hourly workers, nearly one-third of which earn minimum wage. With the resulting implementation of Senate Bill No. 3 (SB3), which was signed into effect by Governor Jerry Brown on April 4, 2016, California will become the first state in the nation to require manufacturers and other employers to increase the minimum hourly wage for employees to $15 by 2022.
As a result of this bill, large businesses, which are defined, in this case, as those employing 26 or more workers, began complying with the legislation in 2017. Small businesses, which are defined as those which employ 25 or fewer workers, were granted a one-year delay, meaning that the first step in the minimum wage increase will take effect on January 1, 2018. Small businesses have until 2023 to fully implement the wage increase to $15 per hour.
But what do these changes mean for your small or medium-sized manufacturing business in the meantime?
Download our tip sheet to ensure your business stays on track and is compliant with the law.