The amendment that was approved in 2020 has resulted in the minimum wage in Florida increasing year, and this trend is expected to continue until it hits $15 per hour in 2026. If you are employed in the state of Florida, you are eligible for this rise.
Beginning in 2021, when it increased from $8.56 to $10, and continuing until it reached the present $13 in 2024, the process is slow and predictable. More specifically, it is an increase of $1 every year, always effective on September 30. It is also important to note that this legislation applies to workers who receive tips, which means that their base income will increase continuously.
The plan for the growth in the minimum wage until 2026 schedule
- Up until the 30th of September in 2024, the minimum wage was twelve dollars per hour.
- The minimum pay for workers who receive tips will increase to $9.98 per hour beginning September 30, 2024, while the minimum wage for others will increase to $13.00 per hour.
- A minimum wage rise of $14.00 per hour is scheduled to take effect on September 30, 2025, with a tipped minimum wage of $10.98 per hour at that time.
- The ultimate objective is to have the minimum wage reach $15.00 per hour by the 30th of September in 2026, while the tipped workers will receive $11.98 per hour.
- To ensure that your purchasing power is preserved after the year 2026, adjustments will continue to be made in accordance with the Consumer Price Index (CPI).
Comparison with the federal minimum wage and other states
Florida has implemented a much higher minimum wage, despite the fact that the federal minimum wage continues to be $7.25 per hour. In point of fact, by September 2025, it will be nearly twice as high as the minimum legal requirement in the country.
Benefits for workers after Florida minimum wage increase
- The ability to make better purchases: With a wage of $14 or $15 per hour, many families will be able to pay critical expenses with greater ease than they were able to in the past.
- Your real income will be protected from inflation after 2026 thanks to the minimum wage that will be adjusted.
- A boost to the labor market: Businesses and employees will experience increased economic stability, and there will be a reduction in employee turnover.
After reaching a minimum salary of $13 per hour in September 2024, the state of Florida is heading toward a minimum wage of $15 per hour by the year 2026. This is being done in order to improve the quality of life for its residents, and steps are being secured in 2025 and 2026.
Make sure that you get paid at least the minimum base for tippers by checking your receipt or records if you are employed in the tipping industry. Have a conversation with your community or union regarding the possibility of local clauses or additional perks. In the event that your labor is reviewed or inspected, you should keep your receipts.
