what is the current minimum wage in florida
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Florida's minimum wage is increasing in 2018, but is it enough? The 2017 Florida minimum wage is $8.10 per hour, effective January 1, 2017. Florida law requires the Florida Department of Economic Opportunity to calculate a minimum wage rate
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- The Florida Minimum Wage is currently $8.05 per hour. The Florida Minimum Wage is greater than the Federal Minimum Wage of $7.25 per hour, so employees in Florida are entitled to the higher minimum wage of $8.05 per hour. Please Note: Fourteen states have raised their minimum wage as of January 1, 2016.
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- Full time minimum wage workers in Florida earn a total of $322.00 per week and approximately $16,744.00 per year (based on a 8 hour days and a 260-day work year) before taxes. The federal poverty threshold for a household of two is $14,570 per year.
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State Minimum Wage Rates The current minimum wage rate in New York is $9.70 per hour. This listed rate is for most employers in New York State. The minimum wage in New York City is $11.00 per hour for large employers and $10.50 per hour for small employers. The minimum wage for Long Island and Westchester Counties is $10.00.
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Your Guide to Floridaâs Minimum Wage Florida’s minimum wage is on the rise. This article tells you everything you need to know about minimum wage in the Sunshine State, and what you can do to prepare for any changes. On January 1, 2017, Florida’s minimum wage increased by five cents — from $8.05 per hour to $8.10. With this change, tipped workers must be paid $5.08 per hour and earn at least $3.02 in tip credits.
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Cost of Living in Florida (FL) The average yearly pay in Florida is $43,649.00, which is lower than the U.S. average annual salary by $6,159.00. The consumer price index (CPI) of 232 in Florida is 0.43% lower than the U.S. city average CPI of 233. The sales tax is 6.00%.
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Could you live on $275 a week? That's Florida's maximum unemployment benefit Florida ranks as one of the lowest-paying states in the nation in what it pays unemployed workers. Whether you lose a $30,000-a-year job or one that pays six figures, your maximum unemployment compensation breaks out to $6.88 an hour — less than what most fast-food restaurant workers make in South Florida.
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- “It puts an exclamation point on the need for $15 to be where the wage board ends up.”. The current minimum wage in New York State is $8.75, versus a federal minimum wage of $7.25, and will rise to $9 at the end of 2015.
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Minimum Wage 2017 Minimum Wage. $7.70/hr. The state minimum wage for 2017 is $7.70/hr. Employers engaged in retail or service businesses whose annual gross income is less than $500,000 are not required to pay the state minimum wage rate. Employers not subject to the minimum wage law can pay employees wages of their choosing.
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- While some states have daily overtime limit which entitles any employee who works for more then a certain number of hours in a single day to be paid overtime, Florida does not have a daily overtime limit. Florida's overtime minimum wage is $12.80 per hour, one and a half times the regular Florida minimum wage of $8.50.If you earn more then the Florida minimum wage rate, you are entitled to at least 1.5 times your regular hourly wage for all overtime worked.ost hourly employees in the Florida are entitled to a special overtime pay rate for any hours worked over a total of 40 in a single work week (defined as any seven consecutive work days by the Fair Labor Standards Act).
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Minimum Wage Increases in New York: What Employers Should Know The current minimum wage in New York is $9.00 per hour, while fast food workers in chain restaurants are currently entitled to a minimum wage of $10.50 in New York City and $9.75 outside of New York City. The schedule of minimum wage increases is as follows: Effective Date.
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Florida Increases 2015 Minimum Wage Florida is the only Southern state in the U.S. whose minimum wage is higher than the Federal rate. According to a Pew Research study, 6.3 percent of hourly workers in the South make the federal minimum or less. Overall, workers earning a mandated minimum wage are more likely to live in the South than in other regions.
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Tipped Employees Even customarily tipped employees—waiters, waitresses, bartenders, busboys, and food runners—are entitled to legal protection. The federal Fair Labor Standards Act, the Florida Constitution, Article X, §24, and the Florida Minimum Wage Act, (FMWA), Fla. Stat. 448.110, provide legal protections for tipped employees. The Florida Constitution provides that tipped employees may be paid an hourly rate of only of $3.02 less than the current Florida minimum wage.
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Tipped Employees A tipped employee must receive a “ direct wage ”of $3.02 less than the current minimum wage, and make up the difference in tips. But, before an employer can pay you below the federal or Florida minimum wage, the employer must first meet certain legal conditions.
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What is PHYSICAL CHARACTERISTICS? The physical features of a person or something. Personal characteristics might include weight, volume, shape, color, etc.
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Atlanta City Council approves 2018 budget, raises minimum wage The current city minimum wage is $10.10 per hour. Georgia’s minimum wage is $5.15. The federal minimum wage is $7.25. The council also approved a policy statement committing itself to increasing the city’s minimum wage to $14 per hour starting July 1, 2018 and $15 per hour starting July 1, 2019.
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2018 Federal and State Minimum Wage Rates The current federal minimum wage is $7.25 per hour, and has not increased since July 2009. However, some states have a higher minimum wage rate. When the state minimum wage rate is higher than the federal rate, employers are required to pay workers the higher amount.
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Client Alert: Florida Minimum Wage to Increase in 2018 The Florida Department of Economic Opportunity announced that, effective January 1, 2018, Florida’s minimum wage will increase from $8.10 per hour to $8.25. Employers may pay their... The Florida Department of Economic Opportunity announced that, effective January 1, 2018, Florida’s minimum wage will increase from $8.10 per hour to $8.25. Employers may pay their properly tipped employees a lower rate of $5.25 per hour, but the tipped employee must earn enough in tips to make up the difference. These changes should not come as much of a surprise to Florida employers, who have grown accustomed to changes in the state’s minimum wage.
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Fourth Periodic Report of the United States of America to the United Nations Committee on Human Rights Concerning the International Covenant on Civil and Political Rights The Department of Labor enforces the Fair Labor Standards Act (FLSA), which sets basic minimum wage and overtime pay standards. These standards are enforced by the Department's Wage and Hour Division. Minimum Wage. Current Minimum Wage: $7.25 per hour. Applies to workers covered by the FLSA; Effective as of July 24, 2009
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The 2016 Florida Minimum Wage remains unchanged for 2016, but employers should replace the Florida Minimum Wage notice beginning January 1, 2016. The Florida Department of Economic Opportunity (“. ”) has announced that the minimum wage in Florida will remain at $8.05 per hour for 2016.
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The Impact of a $15/hour Minimum Wage in Florida The Impact of a $15/hour Minimum Wage in Florida. In states across the nation, minimum wage policies continue to dominate political and economic discussions. Recently, two of the nation’s largest states, New York and California, have both passed laws that will gradually raise the minimum wage in those states to $15 per hour.
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Wage and Hour Employment Law Many states and some cities have wage and hour laws as well. These laws govern issues such as minimum wage, overtime, and meal breaks. The governing bodies in several urban areas throughout the country have voted to create a “living wage” on top of the FLSA and state standards. The current federal minimum wage is $7.25 per hour. State-by-state comparison of 50 employment laws in all 50 states, including wage laws.
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The Impact of a $15/hour Minimum Wage in Florida A conservative estimate shows that with an abrupt increase to $15 per hour Florida businesses could expect to see a nearly $2 billion ($1,834,618,188) increase in the cost of minimum wage labor.
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Living Wage Calculation for Hillsborough County, Florida Living Wage Calculation for Hillsborough County, Florida. The living wage shown is the hourly rate that an individual must earn to support their family, if they are the sole provider and are working full-time (2080 hours per year). All values are per adult in a family unless otherwise noted. The state minimum wage is the same for all individuals, regardless of how many dependents they may have. The poverty rate is typically quoted as gross annual income. We have converted it to an hourly wage for the sake of comparison.
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Florida Labor and Employment Law As of January 1, 2016, the minimum wage in Florida is $8.05 an hour. This minimum wage applies to all employees in Florida State who are covered by the federal minimum wage. However, some industries make allowances for tips and therefore can set a lower hourly pay.
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Federal Minimum Wage for 2017, 2018 The current Florida minimum wage of $8.25 per hour is the lowest amount a non-exempt employee in Florida can legally be paid for hourly work. Special minimum wage rates, such as the Florida waitress minimum wage for tipped employees, may apply to certain workers. A full time minimum wage worker in Florida working 40 hours a week, 52 weeks a year, will earn $64.80 per day, $324.00 per week, and $16,848.00 per year1. The national poverty line for a family unit consisting of two people is $16,020.00 per year.