Minimum Wage Florida In 2020, Florida S Minimum Wage Amendment Could Benefit Women Most

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.

New york minimum wage annual salary. 1000 on september 30 2021. Florida is one of only eight states that automatically adjusts the minimum wage based on the annual cost of living. With 98 percent of precincts reporting more than 61 percent of voters approved the legislation which.

Heres what you need to know for floridas minimum. The florida minimum wage was. What is the current minimum wage in florida.

1 2020 floridas minimum wage will go up to 856 per hour. Florida is one of eight state that automatically increases minimum wage rates based on the annual cost of living calculations. 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.

Amendment 2 would increase the state minimum wage from 856 in 2020 to 1500 in 2026. For tipped employees the 2020 minimum wage rate is 544 an hour. The current minimum wage in florida is 856 per hour as of january 1 2020.

The tipped wage is 554 per hour. Since floridas current minimum wage of 856 exceeds the federal minimum wage of 725 floridas minimum wage prevails for employees in florida. If passed this would have a devastating effect on businesses decrease job opportunities and raise prices for consumers.

It is illegal for employers to pay less than the minimum wage. The florida minimum wage was raised to 805 per hour on january 1 2015 and remained the same for 2016. On january 1 2020 the minimum wage in florida was increased from 846 per hour to 856 per.

1100 on september 30 2022. Florida voted tuesday to raise the states minimum wage to 15 an hour in steps by 2026. While the federal minimum wage is 725 per hour it is higher in the state of florida.

This effort known publicly in florida as amendment 2 2020 raising floridas minimum wage is an attempt to amend our states constitution in order to increase floridas minimum wage to 15hour. However some states cities and counties have a higher minimum wage rate. Under amendment 2 the state minimum wage would increase each year as follows.

How would amendment 2 change the minimum wage in florida. When the state city or county minimum wage rate is higher than the federal rate employers are required to pay workers the higher amount. Floridas minimum wage rate is modified annually based upon an inflation and cost of living formula.

Florida voters can show the appeal of 15 an hour outside liberal strongholds by approving a constitutional amendment on the 2020 ballot.