Minimum Wage Rate Florida, 67 Of Florida Voters Plan To Vote To Increase Minimum Wage South Florida Sun Sentinel
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Minimum wage by country 2020. Floridas minimum wage rate is modified annually based upon an inflation and cost of living formula. The ballot summary stated the state minimum wage will start at 615 per hour six months after enactment and after that be indexed to inflation each. 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 increase is calculated by the florida department of economic opportunity and is. The federal minimum wage is 725 per hour and the florida state minimum wage is 856 per hour. There are legal minimum wages set by the federal government and the state government of florida.
One reason floridas current minimum wage is higher than the national floor is because in 2004 florida voters approved putting a 615 minimum wage into the state constitution. The lowest minimum wages based on state law are 515 in georgia and wyoming which is lower than the federal governments requirement therefore the federal minimum wage of 725 supersedes state law for most types of employees. The tipped wage is 554 per hour.
1 2020 floridas minimum wage will go up to 856 per hour. On january 1 2020 floridas minimum wage increased from 846 to 856 010. A total of 21 states use the federal minimum wage rate of 725.
The florida minimum wage was 793 per hour in 2014 779 per hour in 2013 and 767 per hour in 2012. Afterwards floridas minimum wage increased annually by inflation. Nationally the minimum wage is 725 an hour and in florida the minimum wage is 856 an hour.
A 2004 florida ballot initiative known as the florida minimum wage amendment approved a constitutional amendment that increases the states minimum wage rate every year based on inflation. The florida minimum wage was raised to 805 per hour on january 1 2015 and remained the same for 2016. Florida is one of eight state that automatically increases minimum wage rates based on the annual cost of living calculations.
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