What Is The Minimum Wage Of Florida, 2020 Federal And State Minimum Wage Rates

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.

Canada minimum wage by province 2020. Florida minimum wage 2020. 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 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.

Afterwards floridas minimum wage increased annually by inflation. 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. A think tank in orlando called the florida policy institute also supports amendment 2 and estimates gradually raising the minimum wage would bring 13 million florida households out of poverty.

Florida is one of eight state that automatically increases minimum wage rates based on the annual cost of living calculations. Heres what you need to know for floridas minimum. In 2004 florida voters approved a constitutional amendment that increases the state minimum wage each year based on inflation.

The florida minimum wage was raised to 805 per hour on january 1 2015 and remained the same for 2016. Floridas minimum wage rate is modified annually based upon an inflation and cost of living formula. On january 1 2020 floridas minimum wage increased from 846 to 856 010.

Nationally the minimum wage is 725 an hour and in florida the minimum wage is 856 an hour. Florida becomes the eighth state to approve a 15 an hour minimum wage and the second most populous to do so. The tipped wage is 554 per hour.

Florida last voted on a minimum wage ballot measure in 2004. According to the florida department of economic opportunity from 1st january 2020 florida minimum wage will be 856 per hour. The current minimum wage in florida is 856 per hour as of january 1 2020.

1 2020 floridas minimum wage will go up to 856 per hour. The florida minimum wage was. Florida minimum wage 2020 for tipped employees is 554 per hour.

What is the history of minimum wage ballot measures in florida.