Federal minimum wage to top Florida’s $7.21 on July 24 — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Federal minimum wage to top Florida’s $7.21 on July 24

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in Compensation and Benefits,Human Resources

By now, you have probably adjusted your payroll software and hourly wage information to reflect the new Florida minimum wage of $7.21 per hour, which was effective on Jan. 1.

Effective July 24, you will have to make another adjustment, as the federal minimum is then set to rise to $7.25 per hour. Get ready to pony up for that extra four cents per hour.

 

 

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