On July 1, 2018, the mandatory minimum wage will rise to $13.25 for all companies within City limits that have more than 25 employees. In March, 2016, the City Council approved incremental increases in the minimum wage, starting with $10.50 per hour on July 1, 2016, and reaching $15 per hour by 2020. “Malibu is a compassionate, fair-minded community, and we understand there are many people working in the City for whom any increase in their salary makes a difference in their well-being,” said Mayor Rick Mullen. “At the same time, by phasing in the increase, we hope to give our local businesses time to adjust to the change.” Under Malibu’s ordinance, businesses with more than 25 employees are required to adhere to the following phased minimum wage increases:
$13.25 starting July 1, 2018
$14.25 starting July 1, 2019
$15.00 starting July 1, 2020
As with the minimum wage ordinances enacted by the County and the City of Los Angeles, businesses with 25 or fewer employees are provided a one-year delay in implementing the increases. Starting on July 1, 2022, Malibu’s minimum wage will also be tied to the consumer price index (CPI).