Talk of The Villages Florida - View Single Post - Florida Minimum Wage
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Old 01-02-2017, 04:22 PM
xNYer xNYer is offline
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[QUOTE=Sandtrap328;1341221]Amazing! I just read in the Daily Sun that the minimum wage in Florida will be rising TO $8.10 per hour. This is an increase FROM $8.05 per hour!

That figures out to $2 per WEEK or 40 CENTS per day!

Ridiculous is all I can say. Why bother to go through the motions of a pay increase for 40 CENTS per day?[/QUOTE

It is adjusted automatically. Similar to social security and not through any formal current legislative action.

4)(a) Beginning September 30, 2005, and annually on September 30 thereafter, the Department of Economic Opportunity shall calculate an adjusted state minimum wage rate by increasing the state minimum wage by the rate of inflation for the 12 months prior to September 1. In calculating the adjusted state minimum wage, the Department of Economic Opportunity shall use the Consumer Price Index for Urban Wage Earners and Clerical Workers, not seasonally adjusted, for the South Region or a successor index as calculated by the United States Department of Labor. Each adjusted state minimum wage rate shall take effect on the following January 1, with the initial adjusted minimum wage rate to take effect on January 1, 2006.