$15 minimum wage goes into effect for small businesses in LA

LOS ANGELES (CNS) — A $15 minimum wage went into effect for small businesses in Los Angeles Thursday after being gradually phased in for businesses since being approved in 2015.

The law was approved on a 14-1 vote by the City Council on May 14, 2015, and the minimum wage increase from $9 to $15 took place gradually over a five-year period. Last year, the law went into effect for large businesses, but smaller businesses had until Thursday to begin giving workers a minimum of $15 hour.

What You Need To Know

• A $15 minimum wage went into effect for small businesses in Los Angeles Thursday
• The law was approved on a 14-1 vote by the City Council on May 14, 2015, and the minimum wage increase from $9 to $15 took place gradually over a five-year period
• The city minimum wage went up to $12 an hour by July 2017, $13.25 per hour by July 2018, $14.25 per hour by July 2019 and ultimately to $15 by July 2020
• Last year, the law went into effect for large…

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