Minimum Wage Florida 2024 Projections Vs. In november 2020, florida voters approved a state constitutional amendment that gradually raises the state’s minimum wage each year until it reaches $15 per hour in 2026. $12.00 per hour (effective from september 30, 2023) 2024:
These revisions to the fair labor standards act (flsa) will increase the minimum salary from the current amount of $35,568 to $43,888 ($844/week) starting. By the end of 2028, the minimum wage would be $15.50.
Maria Ilcheva, The Assistant Director Of The Metropolitan.
It will go up to $15 in the next three years.
In 2024, The Minimum Wage Was Set To Increase In 25 States.
In 2023, the rate reached $12 per hour.
Minimum Wage Florida 2024 Projections Vs Images References :
In 2022, It Increased To $11 Per Hour.
Nov 21, 2023 updated nov 21, 2023.
Keep In Mind That The Above Wages Are Only Estimates Included In The Cbo's Modeling.
Employers with at least 15 employees and less than 500 employees must pay a minimum of $18.29 in 2024.