How Much Is Minimum Wage In Florida
Florida amendment 5 of 2004 approved by a vote of 71 to 28 provided for a 6 15 per hour minimum wage set to increase each year based on changes in the cpi w.
How much is minimum wage in florida. In the case of households. The law states that whichever is the higher applies to employers in that state. There are five states that do not. The impact of a 15 hour minimum wage in florida 6 28 2016 in states across the nation minimum wage policies continue to dominate political and economic discussions.
For these employees the state wage is tied to the federal minimum wage of 7 25 per hour which requires an act of congress and the president s signature to change. Florida is one of eight state that automatically increases minimum wage rates based on the annual cost of living calculations. Florida is one of the states that has a minimum wage rule and ensures that their employers pay it. The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family.
The federal minimum wage is 7 25 per hour and the florida state minimum wage is 8 56 per hour. On average the 24 approved measures received 60 of the vote. The tool provides information for individuals and households with one or two working adults and zero to three children. From 1996 to 2018 there were 26 minimum wage increase measures on the ballot.
As of january 1st 2018 the hourly minimum wage for servers in florida is 5 23 before tip income is included. The assumption is the sole provider is working full time 2080 hours per year. Living wage calculation for florida. The other 24 measures were approved.
There are legal minimum wages set by the federal government and the state government of florida. Florida last voted on a minimum wage ballot measure in 2004. 1 2020 florida s minimum wage will go up to 8 56 per hour. Additionally maximum tip credit against the minimum wage of 3 02 is allowed in the state of florida.
Two of the measures both in 1996 were defeated. For employers with fewer than 10 full time employees at any one location who have gross annual sales of 100 000 or less the basic minimum rate is 2 00 per hour.