The Florida minimum wage for hourly employees increased by $1.00 on September 30th, 2022, as part of Florida’s plan to raise the rate to $15.00 per hour by 2026. This minimum wage standard applies to all Florida businesses.
What Does This Mean for Employers?
Increase wages from $10 to $11 an hour for non-exempt employees
Increase overtime rate to $16.50 per hour
Increase hourly wages from $6.98 to $7.98 for tipped employees
The pay increase is a result of Florida residents voting for Amendment 2 in the November 2020 general election. The legislation updated Section 24 of Article X in The Florida Constitution. New Minimum Wage Poster
Employers must display an updated minimum wage poster for employees. Once you print the new poster, you can simply place it over the previous one.
If you have any other compliance issues or questions, from employee classification to the impact of natural disasters, please reach out to us.