Minimum Wage Florida 2024 Impact Academy. July 1, 2024 last event: New minimum wage rate the florida minimum wage increased to $12.00 per hour on january 1st, 2024, part of a plan to reach $15.
Florida’s minimum wage will gradually increase from the current $8.65 an hour to $15 an hour by september 2026. This is higher than the federal minimum wage of $7.25 per hour, but it is lower than the living wage in miami, which is estimated to be.
Minimum Wage Is A Very Critical Policy In Labor Law That Directly Affects The Livelihoods Of Millions Of Employees And The Financial Planning Of Businesses.
The upcoming change on september 30, 2024, will see the minimum wage rise to $13 per hour.
New Minimum Wage Rate The Florida Minimum Wage Increased To $12.00 Per Hour On January 1St, 2024, Part Of A Plan To Reach $15.
Many states also have minimum wage laws.
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The Florida Minimum Wage Is Scheduled To Increase By $1.00 Every September 30Th Until Reaching $15.00.
This is higher than the federal minimum wage of $7.25 per hour, but it is lower than the living wage in miami, which is estimated to be.
Employees Under The Age Of 20:
If an employer is found liable for violating florida minimum wage requirements, they may receive a fine of $1,000 per violation, payable to the state.