As of January 1, 2018, the minimum wage in Florida will increase to $8.25 per hour, a two percent increase from the current $8.10 per hour established on January 1 of this year.
In 2004, Florida passed a constitutional amendment that established minimum wage rates in Florida. This law requires a minimum wage evaluation on September 30 of each year. This evaluation looks at the percentage increase of the Consumer Price Index (CPI) in the South Region for the 12-month period prior to September 1 of the current year. If the calculation is greater than the federal minimum wage rate, the state’s new minimum wage rate will go into effect on January 1 of the following year.
All Florida employees covered by federal minimum wage will be covered by the new state minimum wage. Employers should prepare for the upcoming changes by the end of the year.