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 July 11, 2010


Small Business Action Committee

OFFICIAL NOTICE

California Minimum Wage

$7.50 per hour beginning January 1, 2007 

$8.00 per hour beginning January 1, 2008 

ALERT — MINIMUM WAGE DEAL STRUCK IN SACRAMENTO

Governor Arnold Schwarzenegger and Democratic Legislative leaders, Assembly Speaker Fabian Nunez and Senate Pro Tem Don Perata, announced a deal on raising the minimum wage in California.  As reported by Marc Lifsher on the front page of today’s Los Angeles Times: “The hike, the first since early 2004, will lift the state minimum wage to $8 an hour from $6.75. Workers will get a 75-cent increase Jan. 1 and an additional 50 cents on Jan. 1, 2008.”
 
As part of the deal there will be no indexing of the minimum wage to inflation, a position originally supported by the Democratic leaders. The issue of indexing was adamantly opposed by SBAC members in our membership poll.  See the minimum wage poll results.
 
Read the full article discussing the minimum wage deal. The deal still must be approved by the legislature before adjournment on August 31 then must be signed by the governor before becoming law.
 
Visit the New and Improved SBAC website for more information on the minimum wage debate and other important issues facing the small business community.

   

 

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