Florida Minimum Wage Increases for 2013
Posted on Employment Law News January 29, 2013 by author
Effective January 1, 2013, the Florida minimum wage was raised to $7.79. The federal minimum wage has remained unchanged since 2009, set at $7.25. Florida is one of only 10 states that calculate their minimum wages based on the federal Consumer Price Index (CPI). Accordingly, every year the Florida Department of Economic Opportunity recalculates the minimum wage based on the new CPI figures (i.e. yearly rate of inflation). In 2012, the State’s minimum wage was recalculated at $7.67, while in 2011 it was 7.31.
Effective January 1, 2013, the minimum wage for tipped employees is $4.77 per hour, in addition to tips. Certain retail employees are required to be paid an average of $10.88 an hour (equivalent of 1 ½ times the federal minimum wage) in any week they work overtime if the employer the employer is seeking to apply the retail commissioned employee exception to the Fair Labor Standards Act (FLSA) overtime rules.
In Florida the State minimum wage notice must be posted in each place of employment in an accessible and conspicuous place. The notice is available in English and Spanish from the Florida Department of Economic Opportunity website. Additionally, Florida businesses must also display the federal minimum wage poster, which can be obtained from the U.S. Department of Labor website.