New minimum wage in Florida taking effect Jan. 1

By The Numbers

TAMPA, Fla. (WFLA)- With the new year will come a new set of laws taking effect on Jan. 1.

One of those laws will be the long-awaited increase of Florida’s minimum wage.

Currently, Florida’s minimum wage is $8.46 and $5.44 for tipped employees.

Based on that minimum wage, a study was produced last summer saying someone would have to work approximately 108 hours each week to be able to afford a two-bedroom home in the Tampa Bay area.

With the new law taking effect, the Department of Economic Opportunity estimates that will bump wages 1.12 percent, to $8.56 per hour, and $5.54 for tipped employees in 2020.

The increase comes after attorney John Morgan gathered enough signatures to have a $15 minimum wage considered on the 2020 general-election ballot.

Florida has had a minimum wage increase each year since 2017, ranging from five cents to 21 cents this year.

Nationally, the minimum wage is $7.25 per hour.

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