Florida Minimum Wage Increase: What You Need to Know for 2024 and Beyond

2023-08-29 22:46:22

Great news for the working class of Florida, because after the 2023 wage increase, another one will be added the following year, as established by Amendment 2. Do you know how much the minimum payment per hour of work will rise to in 2024?

Although the federal minimum wage has been $7.50 an hour for more than 10 years, each state has the power to legislate its own. Florida, due to its high cost of living and low minimum wage, citizens voted in the November 2020 elections in favor of Amendment 2 to gradually increase the minimum wage through 2026.

The minimum wage in Florida in 2021 was $8.65 per hour, so estimated that up to 2.5 million workers, a quarter of Florida’s workforce, will see their wages increase with the amendment, especially in the food service, lodging and retail industries.

Workers will receive a salary increase (Photo: AFP)

HOW MUCH WILL THE MINIMUM WAGE BE IN FLORIDA IN 2024?

The hourly minimum wage has been gradually increasing each year in Florida since 2022. Pursuant to Amendment 2, effective September 30, 2024, Florida’s minimum wage will rise to $13 per hour.

THE SCALE OF WAGE INCREASES IN FLORIDA THROUGH 2026

Florida’s minimum hourly wage will increase by $1 each year until it reaches $15 an hour on September 30, 2026, something that has not gone down well with businesses that say the pandemic has hit their economy. . The changes started on September 30, 2022. Look at the scale:

2022: Minimum wage increased to $11 per hour. 2023: Minimum wage increased to $12 per hour. 2024: Minimum wage increased to $13 per hour. 2025: Minimum wage increased to $14 per hour. 2026: Minimum wage increased at $15 per hour.

WHAT WILL THE MINIMUM WAGE INCREASE BE LIKE IN FLORIDA FROM 2027 IN FLORIDA?

After the Florida minimum wage reaches US$15 per hour on September 30, 2026, the measure will be in effect until December 31, 2026, starting in 2027, the amount will be adjusted each year, according to the inflation index in the country.

WHAT HAPPENS IF THE EMPLOYER DOES NOT COMPLY WITH THE MINIMUM WAGE ADJUSTMENT?

An employee who has not been paid the legal minimum wage after notifying his employer and giving him 15 days to resolve any claim for unpaid wages has the right to bring a civil action against any employer in a court of law to recover back wages, as well as damages and attorneys’ fees.

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