Minimum Wage Florida Now, Minimum Wage Law Federal State And Local Minimum Wage Rates

The minimum wage here in florida and on the suncoast is 856 cents an hour which comes out to a salary of about 17000 a year.

Nj minimum wage 2020 chart. In november 2020 you could be voting on increasing the minimum wage 77 to 15hour. Floridas minimum wage rate is modified annually based upon an inflation and cost of living formula. The tipped wage is 554 per hour.

Florida voters last approved a minimum wage increase in 2004 when they voted to raise it to 615 per hour. Many at the bottom either dont have a state. What is the history of minimum wage ballot measures in florida.

The florida minimum wage was raised to 805 per hour on january 1 2015 and remained the same for 2016. The current minimum wage in florida is 856 per hour as of january 1 2020. Voters in florida a key electoral prize in tuesdays presidential election are also weighing in on a proposal to raise the states hourly minimum wage to 15 by 2026.

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. In november floridians will decide whether to raise. 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.

This is a huge change to what we have right now. Learn more about the impact on florida tourism now. The minimum wage the lowest hourly amount that an employee may be paid for their labor is determined by both state and federal labor laws in the united statesunder the federal fair labor standards act states and localities are permitted to set their own minimum wage rates which will take precedence over the federal minimum wage rate if they are higher.

The current minimum wage is 856 thanks to inflation adjustments included in the 2004 referendum but progressive advocates say that still falls far short of a living wage especially in parts of the state where housing and other basic costs of living have risen rapidly. Florida last voted on a minimum wage ballot measure in 2004. If approved florida would.