Florida's minimum wage set to increase on January 1

Dianna Christensen
January 1, 2018

A new year on Monday will bring a slight increase in New Jersey's minimum wage.

Under a state constitutional amendment passed by voters in 2004, the Florida Department of Economic Opportunity adjusts the wage each year based on changes in a federal consumer price index.

The ordinance approved last year by the Miami Beach City Commission set a minimum wage of $10.31 an hour to take effect in 2018, with the wage going up $1 a year to $13.31 on January 1, 2021. If pay rates had increased in parallel with those of chief executives, then it should have been £12.74 an hour, which works out to nearly £12,000 more than people are now paid.

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The hourly rate will increase to $10.40 for most workers, with with fast food workers seeing an increase to $11.75. The increase will be phased in over a longer period for workers in the rest of the state. Cuomo estimates more than 2.3 million people will benefit from the wage increase. When the wages increase, it makes it "cost effective" for employers to look for alternatives like self-check outs and other automated systems. And while states like OH and Kentucky have blocked wage increases, others like Colorado and Hawaii just instituted pay raises of nearly a dollar.

"In many cases, our employers are paying beyond minimum wage", he said.

Governor Cuomo announced Sunday that 2018 will see the beginning of various economic justice programs for the middle class, including minimum wage increases, paid family leave policy, and tax cuts for the middle class. The new employee scheduling regulations that are now in a public comment period, adds additional costs, paperwork and scheduling challenges to the backs of employers.

Other reports by GlobalViralNews

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