Update Applicable to:
All employers in the state of Florida.
Florida’s minimum wage will increase as part of the state’s plan to raise the rate to $15 per hour by 2026.
What are the details?
In November 2020, Florida voters approved changes to the state’s minimum wage, which will gradually increase from $8.65 an hour to $15 an hour by September 2026. To comply, employers must implement the following hourly minimum wage schedule for non-tipped employees:
|Effective Date||Florida Minimum Wage|
|January 1, 2021||$8.65|
|September 30, 2021||$10.00|
|September 30, 2022||$11.00|
|September 30, 2023||$12.00|
|September 30, 2024||$13.00|
|September 30, 2025||$14.00|
|September 30, 2026||$15.00|
Beginning on September 30, 2022, the minimum wage will increase from $10 per hour to $11 per hour for standard employees and from $6.98 per hour to $7.98 per hour for tipped workers.
For more information, please see the links below:
Article 1 – Article 2 – Article 3
What do employers need to do?
Employers should review the links above and change their payroll so that their employees are paid the appropriate wage by September 30, 2022.
Learn more about how Vensure's Florida PEO services can help you navigate complex employment laws and keep your business compliant.
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