September 30, 2021

First of six annual minimum wage increases goes into effect

Anne Geggis writes:

"The new minimum wage for non-tipped workers will be $10 an hour.

Minimum wage workers are getting a 15% raise Thursday when Amendment 2 begins taking effect.

The measure, which voters passed in November 2020 to eventually raise the minimum wage to $15 an hour, raises the state’s minimum wage from $8.65 per hour to $10; then boosts it by $1 each year until 2026.


The Florida Policy Institute [emphases added] estimates, however, the minimum wage hike will benefit more than one in four Florida residents by the time it’s fully implemented in 2026.

'As many as 646,000 Floridians … should see their wages increase during the initial phase-in to $10 per hour,' said Sadaf Knight, CEO of the Florida Policy Institute [emphases added], a nonpartisan, nonprofit whose mission is to improve economic mobility. “This will help lift households out of poverty and reduce pay inequities long experienced by women, people of color, and immigrants."


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