Minimum Wage In Florida 2018, Florida Minimum Wage Increases 15 Cents To 8 25 An Hour For 2018 Largest Hourly Increase Since 2012

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Florida employees working for minimum wage can expect to see a pay bump from the current 810 per hour to 825 per hour making this wage rise a 2 increase.

What is the minimum wage per hour. The minimum wage is the entry level hourly wage paid to employees by their employer. Employers must pay their employees the state minimum wage for all hours worked in florida. The annual calculation is based on the percentage increase in the federal consumer.

Florida voters last approved a minimum wage increase in 2004 when they voted to raise it to 615 per hour. On january 1 2020 floridas minimum wage increased to 856 from 846 in 2019 which is currently more than the federal minimum wage of 725. The 2018 florida minimum wage is 825 per hour effective january 1 2018.

Minimum wage workers in fl earn a total of 33840 per week or 1759680 per year. On october 13 2017 the florida department of economic opportunity deo released information about a new minimum wage rise which will come into effect on january 1 2018. Trinity university released estimating the impact of a 1500 minimum wage in florida the study analyzes the october 18 2017 the pitfalls of fighting for 15 in florida.

Effective january 1 2018 the new minimum wage for tipped employees will be 523 per hour. Florida law requires the florida department of economic opportunity to calculate a minimum wage rate each year. The definitions of employer employee and wage under florida law are the same as those established under the flsa.

The federal minimum wage is 725 per hour and the florida state minimum wage is 856 per hour. The florida minimum wage is the lowermost hourly rate that any employee in florida can expect by law. With this change florida server minimum wage is set at 554 per hour and they must earn at least 302 in tip credits.

The florida department of economic opportunity made a big announcement last year the florida minimum wage in 2018 will rise to 825 per hour effective january 1stthis important news affects many employees across diverse industries including retail hotelshospitality tourism restaurants and more.

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