Minimum Wage Florida 2024 Impact Analysis. It’s set to increase by. However, significant changes are set to take place in 2024 that will impact both employees and employers in the state.
In november 2020, florida voters approved changes to the state’s minimum wage, which will gradually increase from the current $8.65 an hour to $15 an hour by. However, this is set to change in the.
Maria Ilcheva, The Assistant Director Of The Metropolitan.
It will go up to $15 in the next three years.
Release Table For 2024, Release Tables:
In total, workers will receive $6.95 billion in additional wages from state minimum wage increases.
The Minimum Wage Increased To $12 Per Hour As Of September 30, 2023, And Will Increase By $1 Each September With Annual Adjustments Until It Reaches $15 Per.
Florida’s minimum wage is currently set at $8.56 per hour, which is higher than the federal minimum wage of $7.25 per hour.
Florida’s Minimum Wage Increased By $1 To $12 On Sept.
Florida’s minimum wage hike is crucial for economic equity, but understanding its national context is key to grasping its impact.
