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The daily news building new york. The florida minimum wage was. Low wage workers in floridas sprawling service economy may soon find themselves on the path to a 15 minimum wage thanks to one of the most far reaching. 1 a yes vote supports the initiative to increase the states minimum wage incrementally until reaching 15 per hour in september 2026.
Florida is one of eight state that automatically increases minimum wage rates based on the annual cost of living calculations. Floridas minimum wage rate is modified annually based upon an inflation and cost of living formula. Florida voted tuesday to raise the states minimum wage to 15 an hour in steps by 2026.
1 2020 floridas minimum wage will go up to 856 per hour. Its the eighth state to adopt that pay floor and could spur a renewed push for a higher minimum wage in other states. The tipped wage is 554 per hour.
Florida voters can show the appeal of 15 an hour outside liberal strongholds by approving a constitutional amendment on the 2020 ballot. Florida amendment 2 the 15 minimum wage initiative is on the ballot in florida as an initiated constitutional amendment on november 3 2020. Heres what you need to know for floridas minimum.
Florida is the only state this election season to have a measure aiming to increase the state minimum wage and it has been approved by voters.
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