Florida’s State Minimum Wage Increased on September 30th, 2024
As reported by the Tallahassee Democrat, the Florida statewide minimum wage increased on September 30th, 2024. The minimum wage will rise to $13.00 per hour—on its path to $15.00 per hour in the fall of 2026. In this article, you will find an overview of the key points to understand about Florida’s minimum wage law.
Change Starts September 30th: Employers Must Be Ready
A few years ago, Florida started the process of moving to a $15.00 per hour minimum wage. To limit economic disruptions, the state set up a path to gradually roll out the minimum wage increase over a period of several years. The next minimum wage increase is set to take effect. On September 30th, 2024, Florida’s state minimum wage will increase to $13.00 per hour.
Once the minimum wage increase takes effect, it becomes legally binding. Companies and organizations need to be ready for it right away. Employers should prepare by reviewing their payroll systems to ensure compliance with the new wage requirements. Among other things, this means updating payroll software, adjusting budgets to account for increased labor costs, and informing management and human resources personnel about the change.
Two More Minimum Wage Increases are Already Scheduled
Florida has planned additional minimum wage increases for the coming years as part of a constitutional amendment approved by voters in 2020. On September 30th, 2025, the minimum wage will rise to $14.00 per hour. The following year, on September 30th, 2026, it will reach $15.00 per hour. After 2026, annual adjustments will be made based on inflation. Most likely, that means that the minimum wage will gradually increase by a percentage point or two each year. However, it is possible that the minimum wage could even decrease in a period of deflation—though sustained deflation is very rare. Over the long-term, the average rate of inflation is around two percent in the United States.
Employers Can Be Held Legally Liable for Minimum Wage Violations
Federal and state regulations protect the wage and hour rights of workers, including the right to receive at least the state-mandated minimum wage. As the Florida minimum wage is higher than the federal minimum wage, it is that figure that applies in our state. Failure to comply with minimum wage laws can result in serious legal consequences for employers. A company that violates a worker’s minimum wage rights can face an individual lawsuit or even a class action law. An employee may also bring a claim through the Florida Department of Labor. Through a minimum wage claim, affected workers can seek compensation for full back pay as well as other damages.
Get Help From a Wage and Hour Lawyer in Florida
All employers in Florida must comply with minimum wage requirements. If an employer violates our state’s minimum wage law, all affected workers have the right to bring a wage and hour claim to seek compensation for their damages. A Florida employment lawyer can help you navigate a case.