Minimum Wage Florida 2024 Printable Calendar. Florida’s minimum wage is currently set at $8.56 per hour, which is higher than the federal minimum wage of $7.25 per hour. It’s scheduled to increase to $15.00 per hour by 2026 based on the florida voters proposal called amendment 2 (2020).
Florida’s minimum wage is currently set at $8.56 per hour, which is higher than the federal minimum wage of $7.25 per hour. Minimum wage updates by state.
Check Out What We Are Seeing For State And City Updates For 2024 Here.
What is the current minimum wage in florida and how often does it change?
The Increase Is The Result Of A Constitutional Amendment Approved By Voters In 2020 To Gradually Raise The Sunshine State’s.
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Minimum Wage Updates By State.
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On November 3, 2020, Florida Voters Approved A Constitutional Amendment To Gradually Increase The State's Minimum Wage Each Year Until Reaching $15.00 Per Hour In September 2026.
It is adjusted yearly based on inflation, with the last scheduled increase set for september 30, 2024.
On The Other Hand, In 2025, The Hourly Base Wage Will Increase To $14 Per Hour And $10.98.
The minimum wage for all employees paid on an hourly basis is $12 per hour (applicable from september 30,2023) irrespective of company size.
On September 30, The Standard Minimum Wage Will Rise To $13 Per Hour And $9.98 For Tipped Employees.