Minimum Wage In Florida 2024 Impact. This is part of the state’s larger goal to continue increasing its minimum wage—scaling it to $15.00 per hour by 2026 after a successful popular vote on amendment 2 in november 2020. The upcoming change on september 30, 2024, will see the minimum wage rise to $13 per hour.
Basic minimum rate (per hour): Florida’s minimum wage increased to $12 an hour saturday on its way to reaching $15, but its impact on workers likely has been diminished due to high inflation and already higher wages prompted.
This Is A Significant Increase Over The Current Federal Minimum Wage Of $7.25 Per Hour, Which Has Remained Unchanged Since 2009.
Florida’s minimum wage increased by $1 to $12 on sept.
The State Law Excludes From Coverage Any Employment That Is Subject To The Federal Fair Labor Standards Act When The Federal Rate Is Greater Than The State Rate.
This increase is part of a schedule established by a 2020 constitutional amendment, aiming to reach a $15.00 per hour minimum wage by 2026.
The Increase Is The Result Of A Constitutional Amendment Approved By Voters In 2020 To Gradually Raise The Sunshine.
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As A Result, The Minimum Wage In The State Will Rise From Its Current $8.56 An Hour To $10.00 On September 30, 2021.
This year’s budget features significant investments for florida’s top needs,.
However, The Minimum Wage Increase Still Might Not Be Enough For Some.
As florida’s minimum wage progresses towards $15 per hour by 2026, it’s essential to.