Minimum Wage Florida 2024 History

Minimum Wage Florida 2024 History. In november 2020, florida voters approved a state constitutional amendment that gradually raises the state’s minimum wage each year until it reaches $15 per hour in 2026. Effective september 30, 2021, the new florida minimum hourly rate will be $10.

Employers with at least 15 employees and less than 500 employees must pay a minimum of $18.29 in 2024. It is required to increase by $1 each year until it hits $15 an hour on sept.