Florida Minimum Wage 2024 Salary Table . This change is part of a plan to raise the minimum wage to $15 per hour by 2026. The next increase to the state minimum wage is set for september 30, 2024, and will increase the minimum wage rate to $13 per hour.
The latest salary budget planning survey by wtw, formerly known as willis towers watson, found companies are planning for a 4% increase in salary budgets in 2024. On september 30, 2023, florida’s minimum wage increased to $12.00 from $11.00, which is more than the federal minimum wage of $7.25.
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