What Is the Minimum Wage in Florida for 2024? Florida’s Minimum Wage Increase Schedule

In 2024, Florida’s minimum wage will be $13.00 per hour, effective September 30. This gradual increase is part of a schedule aiming to reach a $15.00 per hour minimum wage by 2026. The wage rises $1 each year: it was $12.00 in September 2023, will be $14.00 in 2025, and $15.00 in 2026. Starting in 2027, the wage will adjust annually based on inflation. Additionally, the minimum wage for tipped employees will rise to $9.98 per hour in 2024.

Exemptions and Rules

An employee paid monthly $2,000+ is exempt, as are domestic service workers. Some employment is excluded if the federal rate is higher than the state’s. Overtime rules apply to hours over 40 per week. Exceptions exist including for independent contractors and seasonal farm workers.

For further information:

  • Contact the Florida Department of Labor for details.

Historical Context

On November 3, 2020, Florida voters approved annual minimum wage increases to $15 per hour by September 30, 2026. This gradual increase responds to Florida’s high cost of living and previously relatively low minimum wage.

Frequently Asked Questions

What is the hourly wage in Florida?

  • In 2024, the minimum wage is $13.00 hourly, aiming for $15.00 by 2026. Tipped employees’ minimum will be $9.98 hourly in 2024.

What state has a minimum wage of $15 an hour?

  • Florida’s minimum wage aims to reach $15.00 hourly by 2026.

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