Beginning January 1, 2015, Floridians earning minimum wage will see an increase in their pay. The minimum wage will increase from $7.93 per hour to $8.05 per hour. For tipped employees, the increase will be from $4.91 per hour to $5.03 per hour.
The law requires a minimum wage adjustment based on inflation and cost of living measured by the Consumer Price Index (CPI). Based on the CPI, the minimum wage is recalculated yearly no later than September 30.
Compliance Poster Company will offer two Florida poster update options – a new 2015 Florida All-On-OneTM Labor Law Poster or a 2015 Florida Minimum Wage Peel ‘N Post.TM