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2020 Florida Amendment 2 was an amendment to the Constitution of Florida that passed on November 3, 2020, via a statewide referendum concurrent with other elections. The amendment sets to increase the state's hourly minimum wage to $15 by 2026. According to Florida law, amendments to the state constitution requires 60% of the popular vote to ...
Florida’s minimum wage stood at $8.56/hour when voters approved the 2020 ballot measure to incrementally increase base pay, according to FloridaCommerce. As part of the approved amendment, the ...
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
The current minimum wage in Florida is $12 an hour, so the tipped minimum wage is $8.98. Both will go up a dollar each until they reach $15 an hour for non-tipped employees and $11.98 for tipped ...
The federal minimum wage in the United States has been $7.25 per hour since July 2009, the last time Congress raised it. [ 45 ] Some types of labor are exempt: Employers may pay tipped labor a minimum of $2.13 per hour, as long as the hour wage plus tip income equals at least the minimum wage.
Florida’s previous $8.56 an hour minimum wage was brought up to $10 in 2021 and will increase by $1 every year on Sept. 30 until it reaches $15 in 2026. Florida was the first state in the South ...
According to the National Low Income Housing Coalition, someone making minimum wage in Florida needs to work nearly 100 hours a week to afford rent.
The wage will increase by $1 per hour yearly, until 2026 when the minimum wage for non-tipped positions will reach $15 per hour. [21] Florida has two cities in the top 25 cities in the U.S. with the highest average credit card debt, Miami and Tampa. [22] The poverty rate in Florida in 2018 was 14%, down from a peak of 17.1% in 2012. [23]