Florida's minimum wage increases Tuesday: Here's by how much

Florida's minimum wage goes up to $14

Florida's minimum wage increased to $14 per hour for non-tipped employees and $10.98 per hour for tipped employees on Tuesday as part of the voter-approved Amendment 2. This is the next step in a phased plan to reach $15 per hour by Sept. 30, 2026. Sean Snaith, University of Central Florida economist, joins Good Day Orlando to share what impacts this change could have.

FLORIDA - On Tuesday, Florida's minimum wage increased to $14 an hour after a voter-approved constitutional amendment passed in 2020. This increase is part of a gradual plan to reach a $15 per hour minimum wage by September 2026.

What was the minimum wage increased to?

By the numbers:

Florida's new minimum wage is $14 per hour for standard workers and $10.98 per hour for tipped employees.

CLICK TO DOWNLOAD THE FOX LOCAL APP

Workers earning minimum wage and working 40 hours per week will see an additional $2,080 annually from this year’s increase.

The minimum wage was previously $13. This amount has steadily increased by $1 each year since 2020.

Why was the minimum wage increased?

The backstory:

The minimum wage increase is part of a gradual plan to reach a $15 per hour minimum wage by September 2026.

SIGN-UP FOR FOX 35'S BREAKING NEWS, DAILY NEWS NEWSLETTERS

The increase is part of a voter-approved constitutional amendment passed in 2020 (Amendment 2).  This amendment schedules annual increases until the minimum wage reaches $15 per hour in 2026, after which it will be adjusted annually for inflation.

The increase is intended to help low-wage workers cope with rising living costs, such as groceries and rent.