Monday, July 13, 2009

Florida Minimum Wage Increase in 2009

The state of Florida will increase its minimum wage by 3 cents, which means, from the current $7.21 per hour to $7.24 per hour on July 24, 2009. At the same time, the federal minimum wage will increase to $7.25 per hour.
Of course, the change has a number of ramifications for Florida employers. They must update their state and federal minimum wage posters in the workplace.
This is the second time for Florida to change the minimum wage this month. On July 24, 2009, the federal minimum wage will increase to $7.25, so the minimum in these thirteen states will increase $7.25 per hour, too.
The change in the federal minimum wage will affect most of the employers in the United States. The companies earning $500, 000 or more annually will conform to the federal law.
When an employee qualifies for his or her state’s minimum wage and for the federal minimum wage, the worker is entitled to whichever wage provides the greater benefit to the employee

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