UPDATES FROM KHA’S FLORIDA OFFICE – Florida Minimum Wage Jumps to $10 at End of Month

At the end September 2021, Florida employees will see a substantial increase to the state’s minimum wage – and the increases will continue for the next five years. Effective September 30, 2021, the hourly minimum wage Florida employers have to pay their employees will rise from $8.65 to $10.00. Florida’s minimum wage will continue to increase each year to $15.00 per hour in the year 2026. This applies to both public and private employers, regardless of the size of the entity.

This amendment means that employers will be required to pay employees a minimum wage of $10.00 per hour, starting at the end of this month. The minimum wage will then increase by $1.00 each year through September 30, 2026. This is a 13.5% increase over the current minimum wage. Starting in 2027, the minimum wage will be adjusted annually for inflation.

Florida’s “tipped” employees who receive a portion of their income from customer gratuities will also see minimum wage increases. As always, you can contact Kelli directly at (615) 567-7304 or by email at kelli@khalawgroup.com