Minimum Wage Florida 2024 Projections Opm. Every september 30, the minimum wage goes up by $1 per hour until it hits that magic number of $15 in 2026. Effective january 1, 2023, florida’s minimum wage is $11.00 per hour for all employees.
The current minimum wage rate in florida is currently set to $12 per hour, but after voters approved a state constitutional amendment in 2020, the minimum wage rate will increase every year until it reaches $15 per hour by 2026. Discover the details of the florida minimum wage 2024, including changes, implications for workers, and the economic impact.
Here’s How The Tipped Wage Increases Have Lined Up:
The current minimum wage in florida is $13.00 per hour.
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.
On november 3, 2020, florida voters approved a state constitutional amendment to gradually increase the state’s minimum wage each year until reaching $15.00 per hour on september 30, 2026.
In 2009, The $7.25 Per Hour Wage Went Into Effect, Which Has Remained In Place To Date.
These revisions to the fair labor standards act (flsa) will increase the minimum salary from the current amount of $35,568 to $43,888 ($844/week) starting july 1, 2024.
The Current Minimum Wage In Florida Is $13.00 Per Hour.
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.
