Minimum wage in Florida goes up again in 2024
Disney World reaches union deal with minimum $18 hourly wage
Unions for service workers at Walt Disney World reached a tentative deal with the company on Thursday that would raise the starting minimum wage from $15 to $18 an hour by the end of the year in a pact that could set the basement for starting pay throughout central Florida’s sprawling tourism industry.
The minimum wage in Florida is set to gradually increase to $15 an hour by 2026. Another change is slated for later in 2024.
In 2020, voters in Florida approved Amendment 2, which changed Florida's constitution to allow the state to increase its minimum wage by a dollar each year until 2026.
Currently, the minimum wage in Florida is $12 an hour. On Sept. 30, 2024, the minimum wage in Florida will increase to $13. Here's a look at the annual increases:
- Sept. 30, 2021: $10 an hour
- Sept. 30, 2022: $11 an hour
- Sept. 30, 2023: $12 an hour
- Sept. 30, 2024: $13 an hour
- Sept. 30, 2025: $14 an hour
- Sept. 30, 2026: $15 an hour
In 2027, the minimum wage will be adjusted annually for inflation, as it has been since 2004, according to the Department of State.
Click here for more information about minimum wage in Florida and across the U.S.