Florida Minimum Wage 2024 Annual Pay. Begin with the standard minimum wage: 30, 2024, the minimum wage in florida will increase to $13.
30, 2024, the minimum wage in florida will increase to $13. This increase is part of a schedule established by a 2020 constitutional amendment, aiming to reach a $15.00 per hour minimum wage by 2026.
The Minimum Wage In Miami Has Increased Steadily In Recent Years.
Beginning in 2027, the minimum wage rates will be adjusted annually for inflation.
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This is higher than the federal minimum wage of $7.25 per hour, but it is lower than the living wage in miami, which is estimated to be $14.43 per hour for a single adult with no children.
The Minimum Wage In Miami Is Currently $11.00 Per Hour.
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Multiply The Standard Minimum Wage By 1.5 To Find The Base Rate For Overtime, Which Equals $18.00 Per Hour.
The minimum wage in miami has increased steadily in recent years.
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However, from 30 september 2024, the minimum wage will change to $13 per hour.