Penelope
Diamond Member
- Jul 15, 2014
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Florida Minimum Wage To Increase
Thursday, December 31, 2020
However, this will not be the only minimum wage increase for 2021. In November, Florida voters passed a Constitutional Amendment which will gradually raise the minimum wage to $15.00 per hour by 2026. Specifically, the state minimum wage will increase each September as follows:
$10.00 on September 30, 2021;
$11.00 on September 30, 2022;
$12.00 on September 30, 2023;
$13.00 on September 30, 2024;
$14.00 on September 30, 2025; and
$15.00 on September 30, 2026.
On September 30 of each year after 2026, Florida’s minimum wage will again be subject to annual increases based upon the percentage increase in the federal “Consumer Price Index for Urban Wage Earners and Clerical Workers in the South Region.”
Florida Minimum Wage To Increase January 1, 2021 (natlawreview.com)
What is being proposed?
Mr. Biden in two recent speeches called for a $15-an-hour federal minimum wage, which requires action by Congress. A bill introduced by Democrats this week would increase the wage floor to $15 an hour four years after the new law’s effective date. The first increase to $9.50 an hour would occur the day a law becomes effective. Annual increases would follow until reaching $15 an hour, then the rate would be reviewed annually and adjusted based on changes to median hourly earnings of all employees.
What to Know About President Biden’s $15-an-Hour Minimum-Wage Plan - WSJ
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What are republicans bitching about.
Thursday, December 31, 2020
However, this will not be the only minimum wage increase for 2021. In November, Florida voters passed a Constitutional Amendment which will gradually raise the minimum wage to $15.00 per hour by 2026. Specifically, the state minimum wage will increase each September as follows:
$10.00 on September 30, 2021;
$11.00 on September 30, 2022;
$12.00 on September 30, 2023;
$13.00 on September 30, 2024;
$14.00 on September 30, 2025; and
$15.00 on September 30, 2026.
On September 30 of each year after 2026, Florida’s minimum wage will again be subject to annual increases based upon the percentage increase in the federal “Consumer Price Index for Urban Wage Earners and Clerical Workers in the South Region.”
Florida Minimum Wage To Increase January 1, 2021 (natlawreview.com)
What is being proposed?
Mr. Biden in two recent speeches called for a $15-an-hour federal minimum wage, which requires action by Congress. A bill introduced by Democrats this week would increase the wage floor to $15 an hour four years after the new law’s effective date. The first increase to $9.50 an hour would occur the day a law becomes effective. Annual increases would follow until reaching $15 an hour, then the rate would be reviewed annually and adjusted based on changes to median hourly earnings of all employees.
What to Know About President Biden’s $15-an-Hour Minimum-Wage Plan - WSJ
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What are republicans bitching about.