Florida workers are about to get a pay raise. Under an amendment passed in 2020, the state’s minimum wage will continue to gradually increase until it reaches $15 per hour in 2026.
Unlike other states, where minimum wage adjustments typically occur at the beginning of the year, Florida established that increases would take place on the last day of September of each year.
This date was chosen by voters when they approved Amendment 2, which seeks to improve working conditions for millions of Floridians.
Increases
- September 30, 2024: The minimum wage will go from $12 to $13 per hour.
- September 30, 2025: It will increase to $14 per hour.
- September 30, 2026: It will reach $15 per hour, as established in the amendment.
What will happen after 2026?
Once the minimum wage reaches $15 per hour, Florida’s minimum wage will be adjusted annually for inflation, just as it was before the passage of Amendment 2.
This mechanism ensures that workers’ purchasing power is maintained over the long term. It is important to note that the increases mentioned do not apply to employees who receive tips.
What does this increase mean?
Florida’s gradual increase in the minimum wage represents a significant improvement in the quality of life for millions of workers.
Read also: McDonald’s to hire 500 people in Illinois: Learn about requirements and salary
By increasing the income of working families, the local economy is stimulated and inequality is reduced.
With information from Telemundo 51.
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2024-08-13 23:16:57
