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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 ...
The current hourly minimum wage rate is $10 per hour. The initiative to reach a $15 minimum wage is happening gradually, with a $1 per hour increase each year through 2026.
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 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 ...
Half the States Bumped Their Minimum Wages in 2022. According to the Economic Policy Institute, workers in 21 states got a raise on New Year’s Day in 2022. Minimum wage increases ranged from $0. ...
The Fight for $15 is an American political movement advocating for the minimum wage to be raised to USD $15 per hour. The federal minimum wage was last set at $7.25 per hour in 2009. The movement has involved strikes by child care, home healthcare, airport, gas station, convenience store, and fast food workers for increased wages and the right ...
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.