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Minimum Wage Increase

Effective September 30, 2026

Greetings!


In November 2020, Florida voters approved changes to the state's minimum wage, which will gradually increase from the the 2020 rate of $8.65 an hour

to $15 an hour by September 30, 2026.

Employers must implement the following hourly minimum wage schedule for non-tipped employees:



  • $11.00 (effective September 30, 2022)
  • $12.00 (effective September 30, 2023)
  • $13.00 (effective September 30, 2024)
  • $14.00 (effective September 30, 2025)
  • $15.00 (effective September 30, 2026)


Employers must implement the following hourly minimum wage schedule for tipped employees*:


  • $7.98 (effective September 30, 2022)
  • $8.98 (effective September 30, 2023)
  • $9.98 (effective September 30, 2024)
  • $10.98 (effective September 30, 2025)
  • $11.98 (effective September 30, 2026)

*The Florida Tip Credit remains at $3.02 (current, no change)

 

Effective September 30, 2026, the new Florida minimum hourly rate will be $15. Accordingly, all employers are required to pay employees at least the new minimum rate of $15.00 an hour or $11.98 plus tips for tipped employees. 


Florida Statutes require employers who must pay their employees the Florida minimum wage to update their posters. A minimum wage notice must be posted in a conspicuous and accessible place in each establishment where these employees work.


Exempt Salary Basis Requirement

To qualify for *exemption, employees generally must be paid at not less than $684.00 per week on a salary basis. These salary requirements do not apply to outside sales employees, teachers, and employees practicing law or medicine. Exempt computer employees must be paid at least $684.00 on a salary basis or on an hourly basis at a rate not less than $27.63 an hour. To learn more regarding exempt computer employees click here.

*(Other criteria must also be met to be exempt from FLSA)

CompUS Payroll

1863 Banks Road

Margate, FL 33063

Office: (954) 714-9445

Fax: (954) 714-0274

www.compuspayroll.com

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