Certain businesses, employers, and employees face several changes as hundreds of new laws go into effect Jan. 1 affecting minimum wages, time off for the death of a family member, no more tax on women’s hygiene products, and more. Here’s a quick look at a handful of the most notable:
Minimum Wage Raise (SB 3)
California’s minimum wage will increase—regardless of the business or its number of employees—by 50 cents to $15.50 per hour.
Currently, the minimum wage is $15 per hour for companies with 25 or more employees and $14 per hour for those with 25 or fewer employees.
This 3.33 percent increase is less than half of the 7.9 percent inflation increase between 2021 and 2022 calculated by California’s Department of Finance….