Florida Minimum Wage: What Employers Need to Know
While the Florida minimum wage is set at $13.00/$14.00 per hour in 2025, there are certain exemptions and special cases that apply to specific types of employees or businesses. These exemptions reflect the diverse nature of Florida’s economy and the unique circumstances faced by certain industries or workers. There are also a number of exemptions and special cases where the above Florida minimum wage rates don’t apply. Employers subject to the Fair Labor Standards Act must pay the current federal minimum wage of $7.25 per hour. In no case shall the Massachusetts minimum wage rate be less than $0.50 higher than the effective federal minimum rate.
to bring another bump in the minimum wage for Florida workersImage via AP
Every year, on September 30, the minimum wage will increase by $1.00 per hour until, by September 30, 2026, the minimum wage will be $15.00 per hour. Premium pay not applicable to employees who request compensating time off in lieu of premium pay. Residential workers (”live-in workers”) receive premium pay for hours worked over 44 in a payroll week. The State law excludes from coverage any employment that is subject to the federal Fair Labor Standards Act unless the State wage rate is higher than the federal rate. minimum wage around the us The minimum wage is adjusted annually on July 1 based on a set formula.
State Minimum Wage Laws
It’s part of a measure approved by voters in 2020 to raise the state’s minimum wage $1 a year until it hits a $15 cap in 2026. The minimum wage for non-tipped employees will be $12 an hour, and tipped employees will get $8.97 an hour. Secondly, while Florida does not mandate specific meal or rest breaks for adult employees, employers must adhere to federal regulations regarding breaks. Specifically, employers must provide meal breaks of at least 30 minutes for every 5 hours worked. Employers must also provide employees with a rest break of at least 10 minutes for every 4 hours worked.
- In Florida, there are legal protections in place that place restrictions on the portion of an employee’s disposable earnings that employers can garnish for purposes such as debt collection.
- This intricate web of regulations aims to ensure that American workers receive fair compensation in line with the specific challenges and costs they face in their respective regions.
- For employers with fewer than 10 full-time employees at any one location who have gross annual sales of $100,000 or less, the basic minimum rate is $2.00 per hour.
- On September 30, 2023, the minimum hourly wage in Florida will be $12.00.
- The entitlement to overtime pay is not directly related to whether an employee receives tips.
- The minimum wage rates for both tipped and non-tipped employees will rise on Sept. 30, 2024, and will rise again in 2025 and 2026.
- The minimum wage rates for both tipped and non-tipped employees will rise on Sept. 30, 2025, and will rise again in 2026.
Hourly and Salaried Employees
Employers must accurately calculate and pay overtime wages to eligible employees to avoid legal repercussions. But in 2005, Florida voters approved Amendment 5 to establish a state minimum wage over the federal standard. Florida has paid its minimum wage workers more than the federal minimum ever since. In 2005, Florida voters approved Amendment 5 to establish a state minimum wage over the federal recording transactions standard. In addition to understanding and complying with Florida minimum wage laws, employers should also consider the role of minimum wage increases in attracting and retaining talent.
Florida Minimum Wage: What Employers Need to Know
Domestic service workers are subject to Hawaii’s minimum wage and overtime requirements. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour. Twenty-two states raised minimum wages as of Jan. 1, 2024 and Florida, Nevada and Oregon will raise theirs sometimes this year. The living wage in Florida for a single person comes out to $17.72 per hour, or an approximately $36,857.60 per year salary, according to MIT’s living wage calculator. For other questions about employers’ compliance regarding minimum wage, it is best to seek legal advice from any tax professional or tax attorney.
Can Tipped Employees Get Overtime Pay in Florida?
The Florida minimum wage is scheduled to increase by $1.00 every September 30th until reaching $15.00 on September 30, 2026. As a business owner, you know that changing labor laws can upend your entire workday. While a bit of change to how you dole out wages for employees might seem like little, keeping track of all the numbers beyond the ones typed into a calculator can get tedious. And we all know how one small mistake can snowball into delays and headaches. Learn about Florida’s new minimum wage rate for 2025 and whether any upcoming changes will affect your small business or restaurant. The living wage attempts to calculate how much a person needs to be paid an hour to pay for necessities where they live.
The minimum wage has been going up incrementally each year since Florida voters approved a ballot initiative in 2020 called the “Fight for $15” campaign. That measure, which drew 6.39 million votes in support, implemented a constitutional amendment that would enact minimum wage increases of a dollar each year until it reaches $15 per hour in 2026. According to the Fair Labor Standards Act, certain exemptions apply to employees working for certain establishments and in certain occupations. The gradual increase to the state’s minimum wage rate came into effect in 2020 after Florida voters approved Amendment 2 to the state’s constitution. Florida voters also approved that the state minimum wage will be adjusted annually for inflation for 2027.
Florida minimum wage earners are getting a raise, but still won’t earn a living wage
- In addition to understanding and complying with Florida minimum wage laws, employers should also consider the role of minimum wage increases in attracting and retaining talent.
- Additionally, certain municipalities within states have implemented their own minimum wage laws to reflect the unique economic circumstances of their local communities.
- The State law excludes from coverage any employment that is subject to the federal Fair Labor Standards Act unless the State wage rate is higher than the federal rate.
- After it reaches $15, the state will return to the previous method of calculating cost-of-living adjustments tied to the Consumer Price Index.
- In addition to the exemption for federally covered employment, the law exempts, among others, employees of a retail or service business with gross annual sales or business done of less than $500,000.
With this in mind, we have put together this comprehensive guide to the Florida minimum wage. In this guide, we will explore the history of the Florida minimum wage, current minimum wage rates https://www.bookstime.com/articles/accountant-for-startups in the state, and exemptions that may impact how much you should be paying your employees. We will also highlight the additional Florida wage laws that employers need to be aware of to ensure compliance and protect their businesses. According to state wage and hour laws, an employer must display labor law posters in an accessible area so employees can stay updated on the state and federal minimum wages.
The $1.00 increase will occur every year after September 30 until 2026. Florida’s poverty wage is $6.53 per hour for a single person and $8.80 for a person with a child, which is $13,582 and $18,304 per year, respectively. If you think you are illegally underpaid by your employer and would like to file a civil claim for unpaid wages, you must first notify the employer.