Chip and Cern aren’t just about dick jokes and fantasy baseball anymore! California has signed a bill to increase minimum wage to $15/hr. This change will be a laddered approach and will fully take effect in 2020. Small businesses have a few more years to adjust to the change. Be prepared to shell out a few more cents for that Venti Frap at Starbucks. 

 

Here are some more articles on the subject:

http://www.sacbee.com/news/politics-government/capitol-alert/article69842317.html

http://blogs.wsj.com/economics/2016/04/04/californias-minimum-wage-will-be-15-an-hour-where-does-your-state-stand/

 

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