minimum wage for salaried employees 2016
The current minimum salary is $33,280. Starting in July 2014, exempt employees will have to be paid an annual salary of at least $37,440 ($18 per hour), and by 2016 at least $41,600 ($20 per hour).The minimum wage increase will also impact the inside salesperson exemption from overtime under Wage Orders 4 and 7.eginning July 1, 2014, the minimum wage for California employees will rise from the current $8 per hour to $9 per hour. On January 1, 2016, the minimum wage will increase to $10 per hour.