Minimum Wage Florida 2024 Projections Synonym. This rate is revised on september 30 every year by 1$ until it reaches $15 on september 30, 2026. Many states have either scheduled increases into minimum wage laws or have pegged them to inflation, triggering automatic bumps in their minimum wage rates.
The minimum wage for all employees paid on an hourly basis is $12 per hour (applicable from september 30,2023) irrespective of company size. In november 2020, florida voters approved changes to the state’s minimum wage, which will gradually increase from the current $8.65 an hour to $15 an hour by september 2026.
“First, The State Minimum Wage, Which Florida’s 2020 Voters Opted To Boost Via A Constitutional Amendment, Is Increasing Each Year Until It Reaches $15 In 2026.
On january 1, 2024, the state of florida increased the state’s minimum wage to $12.00 for each hour worked, except worker’s tips.
The Current Minimum Wage In Florida Is $12 An Hour, So The Tipped Minimum Wage Is $8.98.
The minimum wage in fort lauderdale, florida, is $12.00 per hour for the end of 2023 and the vast majority of 2024.
However, This Is Set To Change In The Near Future, As Florida Voters Approved A Ballot Measure In November 2020 To Gradually Increase The Minimum Wage To $15 Per Hour By 2026.
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Florida's Normal State Minimum Wage Rate Is $13.00 Per Hour.
What is a livable wage in florida 2024?
The States With The Highest Statewide Minimum Hourly Wage In 2024 Are California ($16.00), Connecticut ($15.69), And Washington ($16.28).
As of september 30, 2023, the new hourly minimum wage rate in florida is $12.
