Calif. Lawmaker Proposes Latest Boost To Minimum Wage

Law360, San Diego (February 4, 2014, 8:55 PM EST) -- Just months after California Gov. Jerry Brown signed a bill increasing the hourly minimum wage to $10 in 2016, a state lawmaker on Monday floated a measure that seeks to raise it to $13 in 2017.

State Sen. Mark Leno, D-San Francisco, introduced S.B. 935, which would hike up the minimum wage to $11 an hour in 2015, $12 an hour in 2016 and $13 an hour in 2017. Starting in 2018, the minimum wage would be adjusted annually to the rate of inflation, according to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.