The Miami Florida Minimum Wage
The minimum wage in Florida is higher than the federal rate. Employers must pay employees a minimum wage of at least $8 per hour for all hours worked in Florida.
Florida’s minimum wage will increase to $11 per hour on Sept. 30 — the second in a series of annual increases under a voter-approved constitutional amendment.
Living Wage Calculator
The living wage calculator is an online tool that helps individuals and communities determine the minimum income needed to support a basic standard of living. It takes into account local costs, including food, childcare, health care and housing. It also factors in the rough effects of income and payroll taxes.
The calculator uses actual data from the State of Florida People First personnel information system. It excludes legislative, Lottery and Justice Administrative Commission employees, as well as non-profit and other special purpose agency employees. It does not include overtime, bonuses, commissions or stock options.
Tipped workers such as waiters and bartenders must factor in their earned tips, and the calculator assumes that they receive the maximum allowed tip credit against their cash wages. The calculator also estimates that a tipped employee works 40 hours per week, including overtime. A tipped employee’s net salary after tax will be less than the gross wage shown, due to federal labor laws and the fact that their employer must withhold Federal income taxes from supplemental wages.
Minimum Wage Calculator
Trying to live on a minimum wage job is tough enough. However, living on a salary that is below the federal or state minimum wage can be even more challenging. If you have been working a minimum wage job and believe that your employer is violating the law, you may be entitled to compensation.
The Florida minimum wage is currently $10 per hour for non-tipped employees and $7.79 for tipped workers. Tipped employees can count tips as part of their minimum wage, but employers must pay them a direct hourly wage of at least the Florida minimum wage when no tips are received.
The Miami Beach minimum wage ordinance was challenged by business groups, led by the Florida Chamber of Commerce and the Florida Retail Association, which argued that state laws prevent individual municipalities from setting minimum wage rates that differ from the statewide rate. A circuit court judge agreed and struck down the local ordinance. The Florida Supreme Court refused to overturn the appeals court ruling, leaving it in place.
Salary Calculator
Trying to live on minimum wage is hard enough, but it’s even more difficult for people who work in restaurants. With profit margins lower than many other industries, restaurant owners have a tough time paying their employees at least the federal minimum wage.
Fortunately, there are ways to ensure that your restaurant is always paying your employees at least the legal minimum wage. One option is to use an all-in-one payroll and team management solution. It will help you make sure that you’re not overscheduling, that you’re calculating overtime correctly and that your employees are getting paid on time.
Ogletree Deakins will continue to monitor these issues and provide updates on its Florida and Wage & Hour blogs. In the meantime, we encourage employers to review the firm’s FAQ on Florida’s minimum wage increases. Employers should also be sure to display an approved Miami Florida Minimum Wage poster and all required federal and state labor law posters in the workplace.
Taxes
Florida does not charge a local income tax, but it does require employers to pay a state unemployment insurance (FUTA) tax. This tax is based on the first $7,000 of an employee’s taxable wages each year. The rate can vary depending on how long the business has been in operation and whether it has been paying FUTA taxes in previous years. Other taxable expenses include court-ordered wage garnishments, child support payments, post-tax contributions to retirement accounts, and elective benefits.
Employers in the state of Florida must pay their employees an hourly minimum wage that is higher than federal law. Florida also requires employers to pay tipped workers a direct cash wage of at least $2.13 per hour, though they may take a tip credit for up to $3.02 per hour.
A group of fast-food workers and other low-wage earners gathered in Florida’s Capitol on Monday to push for a higher minimum wage. The group has surpassed the required signatures to get a constitutional amendment to raise the state’s minimum wage on the ballot next November.