FLORIDA (SNN TV) – Florida’s minimum wage is about to increase. Here’s what you should know.
Florida’s hourly minimum wage is scheduled to be $12 starting at the end of next month and is projected to hit $15 an hour by 2026.
In Nov. 2020, voters approved a measure that would make the Florida’s minimum wage rise for both tipped and non-tipped employees by $1 each year through 2026. It rose to $8.65 in Jan. 2021, then $10 Sept. 30. Now, each year on Sept. 30 it will raise a dollar more.
Florida’s minimum wage is currently $11 an hour for non-tipped employees and $7.98 an hour for tipped employees.
The Massachusetts Institute of Technology’s living wage calculator says the living wage in Florida is calculated to be $17.72 for people with no children, $35.98 for people with one child, $45.96 for people with two children and $60.66 for people with three children.
According to the Herald-Tribune, as long as the yearly increases stay the same, Florida’s minimum wage will reach $15 an hour on Sept. 30, 2026.
