Minimum Wage California 2024 Health Care Providers. Every year, this minimum wage will increase by 3.5% yearly until it reaches $25. An estimated $122 billion in lost earnings, productivity and revenue every year, according to readynation.
Effective june 1, 2024, the law raises the minimum wage for california healthcare employees and sets a new salary threshold for who is considered an exempt healthcare employee (and exempt from overtime). As of that date, physician groups with 25 or.