what is florida's minimum wage
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Floridaâs minimum wage to increase on January 1, 2015 Florida law requires a new minimum wage calculation each year on September 30, based on the Consumer Price Index. If that calculation is higher than the federal rate, the state’s rate then would take effect the following January. Florida’s minimum wage is currently $7.93 per hour, effective January 1, 2014. According to our discussions with state officials, beginning January 1, 2015, Florida’s minimum wage will be $8.05 per hour, which is a 1.54 percent (or $0.12) increase from the current year.
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- Florida’s Minimum Wage (Updated October 15, 2015) The 2016 Florida minimum wage is $8.05 per hour, effective January 1, 2016. Florida law requires the Florida Department of Economic Opportunity to calculate a minimum wage rate each year. The annual calculation is based on the percentage increase in the federal Consumer
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- Posted February 19, 2009 3:25am. There is no minimum salary requirement in Florida. Assuming the employee is a exempt employee under the Fair Labor Standards Act the Federal Minimum Wage and overtime wage provisions would not apply.
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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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Minimum Wage The federal minimum wage has been $7.25 since 2009, set forth by the Fair Labor Standards Act (FLSA). The act also dictates that workers must receive overtime pay equivalent to 1.5 times the standard wage, for any more than 40 hours worked in a single week.
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Labor Laws and Issues The minimum wage is currently $7.25 per hour for covered nonexempt employees, effective July 24, 2009. Learn more about the minimum wage in the Fair Labor Standards Act (FLSA). Many states and cities also have minimum wage laws. Where federal and state laws have different minimum wage rates, the higher wage applies.
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Minimum Wage In Florida - 10 Common Illegal Wage Practices 1) the amount of cash wage the employer is paying a tipped employee, which must be at least $2.13 per hour; 2) the additional amount claimed by the employer as a tip credit, which cannot exceed $5.12 (the difference between the minimum required cash wage of $2.13 and the current minimum wage of $7.25); Where a tipped employee is paid $2.13 per hour in direct (or cash) wages and the employer claims the maximum tip credit of $5.12 per hour, no such deductions can be made without reducing the employee below the minimum wage (even where the employee receives more than $5.12 per hour in tips).
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Whats the minimum wage in south carolina? Best Answer: Under the Fair Labor Standards Act (FLSA), the federal minimum wage for covered nonexempt employees is $5.85 per hour effective July 24, 2007; $6.55 per hour effective July 24, 2008; and $7.25 per hour effective July 24, 2009. Many states also have minimum wage laws. Where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher minimum wage rate. South Carolina has no state minimum wage law, so the federal law applies.
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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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- The Alabama Minimum Wage is currently $7.25 per hour. Alabama's minimum wage is the same as the current federal minimum wage of $7.25 per hour. The minimum wage will likely remain at $7.25 until the federal minimum wage is raised. Please Note: Fourteen states have raised their minimum wage as of January 1, 2016.
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Washington Minimum Wage Increase, Initiative 1433 (2016) below the poverty line for a family of three.20 While the minimum wage in Florida is higher at $7.93 an hour, that is still only $16,494 a year and is well below what families in Florida need to meet minimum standards of living.
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- In Southwest Florida, All Goodwill Workers Earn More than Minimum Wage. Goodwill Industries has recently and understandably come under fire after a report on the NBC news program Rock Center about the Federal Government's Special Minimum Wage Certificate.
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- Minimum Wage Regulations. The minimum wage in Arizona is $8.05 per hour as of January 1, 2015. It was previously $7.90 per hour, as of January 1, 2014.
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What is 'Minimum Wage' What is 'Minimum Wage'. A minimum wage is a legally mandated price floor on hourly wages, below which non-exempt workers may not be offered or accept a job. As of June 2016, the minimum hourly wage rate in the United States is $7.25. This means it is illegal for an American worker to sell their labor for less than $7.25 per hour unless the worker falls into a category specifically exempted from the Fair Labor Standards Act (FLSA). Next Up.
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Florida to increase minimum wage Thursday State legislation approved in 2014 will further increase minimum wage levels in Minnesota to $9.50 by 2016, Michigan to $9.25 by 2018 and the District of Columbia to $11.50 by 2016. In California, a 2013 law will increase the state's minimum wage to $10 by 2016.
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Florida Florida's constitution establishes a state minimum wage that (unique among minimum wage laws) is adjusted for inflation annually. As of January 1, 2015, Florida's minimum wage was $5.03 for tipped positions, and $8.05 for non-tipped positions, which was higher than the federal rate of $7.25.lorida was the first part of the continental United States to be visited by Europeans. The earliest known European explorers came with the Spanish conquistador Juan Ponce de Leon. León De leon león spotted the Peninsula on, april, 2 1513 and he named The Region (la florida). flowery land
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- Compliance Assistance - Wages and the Fair Labor Standards Act (FLSA) The FLSA establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. Covered nonexempt workers are entitled to a minimum wage of not less than $7.25 per hour effective July 24, 2009.
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Static and Dynamic Geo-Characteristics Definition. Static and dynamic characteristics describe data with a geographical reference (for example, characteristics such as customer, sales region, country). Maps are used to display and evaluate this geo-relevant data.ata from areas or polygons are stored in Shapefiles that define the geometry and the attributes of the geo-characteristics. 2. Dynamic geo-characteristics. A dynamic geo-characteristic is a characteristic that describes a location (information in point form), whose geographical coordinates can change more frequently.
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Federal minimum wage increases State minimum wages have largely outpaced the federal minimum, which was flat for almost a decade, starting in 1997. When state wages are different from the federal level, the higher wage prevails. In Colorado, the minimum wage is $7.02 per hour and will be adjusted yearly in January for inflation. For employees who regularly are tipped, the minimum wage is $4 per hour, according to the Colorado Department of Labor and Employment. State minimum wages range from California’s $8 an hour to Florida’s $6.79, just above the new federal rate.
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- Wisconsin Minimum Wage for 2016, 2017. Wisconsin's state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate. The minimum wage applies to most employees in Wisconsin, with limited exceptions including tipped employees, some student workers, and other exempt occupations.
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- The FLSA establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. Covered nonexempt workers are entitled to a minimum wage of not less than $7.25 per hour effective July 24, 2009. FLSA Minimum Wage: The federal minimum wage is $7.25 per hour effective July 24, 2009. 2  Many states also have minimum wage laws. 3  In cases where an employee is subject to both state and federal minimum wage laws, the employee is entitled to the higher minimum wage.
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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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- Youth Minimum Wage: The 1996 Amendments to the FLSA allow employers to pay a youth minimum wage of not less than $4.25 an hour to employees who are under 20 years of age during the first 90 consecutive calendar days after initial employment by their employer.
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Some South Florida minimum wage workers are seeing fatter paychecks as companies propose or institute salary hikes Nationwide, the federal minimum wage is $7.25 an hour. In Florida, which adjusts its minimum hourly wage for inflation, it’s $7.93. For a full-time employee working 40 hours per week, that comes to $317.20 per week or about $16,500 per year.
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Florida to increase minimum wage Thursday (PNJ.com) - On New Year's Day, Florida's minimum wage will increase by 12 cents to $8.05 per hour, benefiting an estimated 364,000 low-wage workers in the state. The minimum wage for tipped workers in Florida will rise by 12 cents to $5.03 per hour.
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- 4 The Maine minimum wage is automatically replaced with the Federal minimum wage rate if it is higher than the State minimum with the exception that any such increase is limited to no more than $1.00 per hour above the current legislated State rate. Employees covered under the federal Fair Labor Standards Act are subject to the federal minimum wage of $7.25, but those not covered under the FLSA may be paid the state minimum wage of $5.15.