Florida's Minimum Wage Set To Go Up On Jan. 1

Florida's Minimum Wage Set To Go Up On Jan. 1

The phased-in minimum-wage hike was included in the state's 2016-17 budget and requires New York City's "big employers" - those with more than 10 employees - to pay $15 per hour while small NYC employers have to raise wages to $13.50 per hour, reaching $15 by December 31, 2019.

In making the announcement, the government said the 11.5 per cent piece-rate increase is the same rate that was made to B.C.'s minimum wage in June 2018. For Long Island and Westchester County employees, the pay floor will be $12 an hour, up from $11. Employers will also be required to pay tipped workers overtime hours at time-and-a-half the minimum wage rate. The minimum wage hikes include legally mandated annual adjustments to keep up with inflation, laws passed by state legislators and voter-approved ballot initiatives. That's why there's such strong support for raising the minimum wage.

Central Florida's largest employer - reached a contract agreement with its biggest union in 2018 which set in motion several pay raises to eventually bring the minimum rate to $15 an hour by October 2021.

"Minimum wage increases resonate strongly with so many Americans because people feel like they're working harder than ever but have little to show for it", said Christine Owens, executive director of the National Employment Law Project, upon the report's release Thursday. Eighteen other states will also see their minimum wage rise on January 1, as a result of previously approved legislation or inflation adjustments to their states' minimum wages.

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A number of jurisdictions plan to phase in their minimum wage increases over a multi-year period.

If you work 40 hours per week, $8.46 an hour equals about $17,597 before the tax man touches it.

Employees who are not paid the minimum wage have the right to sue their employer. The average worker will earn an extra $90 to $1,300 each year, depending on the size of the wage increase in their state.

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