Florida Minimum Wage 2024 Annual Cost . This is higher than the federal minimum wage of $7.25 per hour, but it is lower than the living wage in miami, which is. Effective september 30, 2023, the minimum wage in florida increases to $12.00 an hour, and the required cash wage for tipped employees increases to $8.98.
Basic minimum rate (per hour): The minimum wage in florida for 2024 is $12.00 per hour and will increase to $13 from september 30, 2024.
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