Florida has a higher minimum wage than the federal minimum wage of $7.50 and in September it will increase even more. Here are all the details.

This 2024 marks the 15th anniversary of the last increase in the minimum wage at the federal level. In 2009, the $7.25 per hour wage went into effect, which has remained in place to date. However, in some states, including Florida, higher hourly wages have been established.

Some states have legislation that establishes automatic annual increases, while others link their increases to inflation so as not to affect the purchasing power of their workers.

Some states apply their increases at the beginning of each year, while others do it in July and, in the case of Florida, in September. We explain how much it will go up in ‘the sunshine state’.

This is what the new minimum wage in Florida will be like as of September

On November 3, 2020, Florida voters approved a state constitutional amendment for the state’s minimum wage to increase annually until it reaches $15 per hour on September 30, 2026.

Thanks to citizens voting in favor of the proposal, Amendment 2, passed by the state legislature, has allowed for a gradual increase in the minimum wage, including an increase for this 2024.

As of September 30, the standard minimum wage in Florida will increase from $12 to $13 per hour and to $9.98 for tipped employees.

Here’s what future minimum wage increases will look like in Florida

By 2025, the benchmark wage will increase to $14 per hour and $10.98 for tipped employees. On the other hand, in 2026, the minimum wage will increase to $15 and $11.98 for tipped employees.

Although the amendment only provides for $1 increases until reaching $15 per hour in 2026, it also notes that subsequent increases will be based on changes in the Consumer Price Index so as not to affect the purchasing power of workers.

The amendment states that the $15 per hour wage will be in effect until December 31, 2027. Indexed increases based on inflation will begin in 2028.

Categorized in: