The City of Malibu has updated its minimum wage ordinance, ensuring fair compensation for all employees working within city limits. This update, effective July 1, 2024, reflects the city’s commitment to maintaining a competitive job market and supporting a livable wage for its workforce. Understanding these changes is crucial for both employers and employees in Malibu.
Key Details of the 2024 Malibu Minimum Wage
As of July 1, 2024, the minimum wage in Malibu has increased to $17.27 per hour. This rate applies to all employees working within the city boundaries, regardless of their immigration or work status. This adjustment is a direct result of the city’s ordinance designed to keep pace with the cost of living and regional wage standards.
Understanding the Cost of Living Adjustment
Malibu’s minimum wage ordinance includes an annual cost of living adjustment based on the Consumer Price Index (CPI). Starting in 2022, this adjustment is calculated using the CPI data from the US Bureau of Labor Statistics for the Los Angeles-Long Beach-Anaheim region. Specifically, it uses the 12-month percentage change in the CPI for Urban Wage Earners and Clerical Workers (not seasonally adjusted) up to November of the preceding year. The current increase to $17.27 per hour incorporates a 2.2% cost of living adjustment based on this calculation. This ensures that the minimum wage in Malibu remains responsive to economic changes and the real cost of living.
Malibu Minimum Wage Poster: Employer Responsibilities
To ensure compliance and transparency, the City of Malibu provides an official Minimum Wage Poster each year. Employers are required to display this poster prominently in the workplace, alongside other mandatory federal and state labor postings. This poster is available for download and printing from the City’s official website, making it easily accessible for all Malibu businesses to fulfill their posting obligations.
Background of Malibu’s Minimum Wage Ordinance
The Malibu Minimum Wage ordinance was initially established in 2016 to address wage disparities and ensure Malibu remained an attractive place to work. The original ordinance implemented a tiered increase schedule based on employer size. Companies with 26 or more employees saw annual increases starting in 2016, reaching $15.00 per hour in 2019. For smaller employers with 25 or fewer employees, the increases began in 2017, reaching the same $15.00 per hour minimum by 2021. This phased approach allowed businesses to adapt to the rising minimum wage over time. Now, with the annual CPI adjustments, Malibu’s minimum wage continues to evolve to meet the economic needs of both workers and businesses in the city.
