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Its one of the ballot initiatives next month as amendment 2.
How much is minimum wage in michigan after taxes. 6 things to know in 2020. Tallahassee voting yes on amendment 2 to boost floridas minimum wage will either give 25 million workers a pay raise or result in 158000 jobs disappearing over the next few years. What is the current minimum wage in florida.
While the federal minimum wage is 725 per hour it is higher in the state of florida. 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. The tipped wage is 554 per hour.
The florida minimum wage was. Florida is the eighth state to adopt a 15 minimum wage. The florida minimum wage was raised to 805 per hour on january 1 2015 and remained the same for 2016.
1 2020 floridas minimum wage will go up to 856 per hour. Below are 6 things to know about minimum wage in florida so employers and employees alike can prepare for the changes ahead. Florida voters last approved a minimum wage increase in 2004 when they voted to raise it to 615 per hour.
The current minimum wage in florida is 856 per hour as of january 1 2020. This will help me a whole lot i know it will said gail rogers a 60 year old ybor city resident who after working at mcdonalds for. If passed floridas minimum wage will increase from 856 to 10 next september and 1 more every september after that until we.
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. Floridas minimum wage rate is modified annually based upon an inflation and cost of living formula.
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