Minimum Wage Increase

Minumum Wage Increase

Kohl & Company CPA's
Nov 27, 2019

Mimumum Wage Increase

Effective January 1, 2020, the Florida minimum wage rate will increase by 10 cents from the current $8.46 per hour, to $8.56 per hour. Additionally, employers taking a tip credit must also increase the minimum hourly rate by 10 cents from $5.44 per hour to $5.54 per hour.

 

Employers, be sure to replace the 2019 Minimum wage posters with the new posters for 2020 available here:

 http://www.floridajobs.org/business-growth-and-partnerships/for-employers/display-posters-and-required-notices?utm_source=New+Minimum+Wage&utm_campaign=DOLOvertimeRule&utm_medium=email