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The current minimum wage in florida is 856.
Marijuana legalization australia 2020. The increase is calculated by the florida department of economic opportunity and is. The current minimum wage rate is re evaluated yearly based on these values. Effective january 1 2021 floridas minimum wage rate will increase from 856 per hour to 865 per hour.
What is the history of minimum wage ballot measures in florida. The tipped wage is 554 per hour. Amendment 2 if passed in november with more than 60 percent approval would raise the minimum wage to 10 next september and 1 each year after that.
On january 1 2020 the minimum wage in florida was increased from 846 per hour to 856 per. Miami newsnation now florida voters have approved a measure raising the states minimum wage to 15 an hour over the next six yearsa supermajority of florida voters approved the amendment to the florida constitution that will raise floridas minimum wage from the current 856 an hour to 15 an hour by 2026. Florida is one of only eight states that automatically adjusts the minimum wage based on the annual cost of living.
The current minimum wage in florida is 856 per hour as of january 1 2020. Floridas minimum wage rate is modified annually based upon an inflation and cost of living formula. Nationally the minimum wage is 725 an hour and in florida the minimum wage is 856 an hour.
One reason floridas current minimum wage is higher than the national floor is because in 2004. Florida amendment 5 of 2004 approved by a vote of 71 to 28 provided for a 615 per hour minimum wage set to increase each year based on changes in the cpi w.
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