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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.
v. t. e. 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 ...
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. ... 2022: Raised to $11 an hour. 2023: Raised to $12 an hour. This article originally appeared on The ...
As of August 2022, 30 states had a minimum wage higher than the federal minimum. Washington, D.C. has the highest minimum wage at $16.50 per hour. The minimum wage in New Jersey is $14.13 an hour as of January 1, 2023, but will be raised a dollar a year until 2024 when it will be $15. Massachusetts's minimum wage is $15.00 per hour.
Florida’s minimum wage increased to $12 an hour Saturday on its way to reaching $15, but its impact on workers likely has been diminished due to high inflation and already higher wages prompted ...
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