Florida Minimum Wage 2024 Per Hour Cost


Florida Minimum Wage 2024 Per Hour Cost. To cover basic expenses, minimum wage workers are. It is adjusted yearly based on inflation, with the last scheduled increase set for september 30, 2024.


Florida Minimum Wage 2024 Per Hour Cost

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 $14.43 per hour for a single adult with no children. Florida’s minimum wage is currently $8.56 per hour, but will increase to $10 per hour in 2024.

On November 3, 2020, Florida Voters Approved A State Constitutional Amendment To Gradually Increase The State's Minimum Wage Each Year Until Reaching $15.00 Per Hour On September 30, 2026.

Basic minimum rate (per hour):

The Minimum Wage In Florida For 2024 Is $12.00 Per Hour And Will Increase To $13 From September 30, 2024.

The current minimum wage in florida is $13.00 per hour.

On The Other Hand, In 2025, The Hourly Base Wage Will Increase To $14 Per Hour And $10.98.

Images References :

It Is Adjusted Yearly Based On Inflation, With The Last Scheduled Increase Set For September 30, 2024.

Release table for 2024, release tables:

On November 3, 2020, Florida Voters Approved A State Constitutional Amendment To Gradually Increase The State's Minimum Wage Each Year Until Reaching $15.00 Per Hour On September 30, 2026.

Here is a look at five states where single individuals need to earn the most to cover basic expenses:

On The Other Hand, In 2025, The Hourly Base Wage Will Increase To $14 Per Hour And $10.98.