Attorneys Pen Article on California’s Minimum Wage Increase: 5 Key Takeaways for Employers

In a bylined article published in Employee Benefit Plan Review, John Skousen and Nicole Stenoish discuss rising inflation, which will lead to a higher minimum wage in California. The authors explain that the new rate of $15.50, combined with labor shortages and supply chain disruptions, will further strain businesses that are still recovering from the impact of the COVID-19 pandemic. Finally, they provide a few tips for employers to prepare for minimum wage increases, including accounting for them in fiscal planning and business operations.

To read the article visit Employee Benefit Plan Review.