The proposal to increase the minimum wage puts an unfair burden on businesses, especially small businesses, who cannot afford the associated increase in payroll expenses. We are also concerned that this would have a cooling effect on hiring as businesses may be forced to reduce jobs or working hours.
Proposition 32 raises minimum wage as follows: for employers with 26 or more employees, to $17 immediately, $18 on January 1, 2025. For employers with 25 or fewer employees, to $17 on January 1, 2025, $18 on January 1, 2026.