On September 30th, the hourly minimum wage rate in Florida is set to go up to $10/hour, from the current rate of $8.65/hour.
To call this a major increase is an understatement as it takes effect at the end of the month. For Florida employers, now is as good of a time as any to start making plans for these rising labor costs. Of course, this is not the only minimum wage hike that workers in the state will see. Under the ballot initiate approved by voters last November, the hourly pay rate in the state will go up to $15/hour by 2026.
Bear in mind that September 30th is just a few short weeks away. For those that will be impacted by the wage hike (namely employers that will bear the cost of the increased labor), plan accordingly…
For additional information: https://floridaphoenix.com/2021/09/01/fl-is-set-to-boost-the-minimum-wage-to-10-an-hour-a-dramatic-difference-for-low-wage-workers/
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