Time to Update Florida Minimum Wage Poster for 2018 – up to $8.25 an hour
Florida’s state minimum wage rises 15 cents to $8.25 an hour on January 1, 2018, an increase from $8.10 an hour in 2017. Florida law requires the Florida Department of Economic Opportunity to calculate a minimum wage rate each year. The annual calculation is based on the percentage increase in the federal Consumer Price Index…
Florida Reemployment Tax Rate to Remain at its Lowest in 2018 for Third Year in a Row
Florida businesses will continue to pay a low rate for reemployment taxes next year for the third year in a row. The minimum tax rate will remain at $7.00 per employee in 2018. More than 60 percent of Florida’s employers will pay the minimum tax rate, which is the highest number of employers at the…
Miami Beach Minimum Wage Ordinance Held Invalid by a Second Court
Miami Beach’s audacious effort to give the city its own minimum wage law has crashed and burned in court for a second time, in an appeal. The Miami Beach City Commission had voted unanimously last year to create a new citywide minimum wage proposed by Mayor Philip Levine that was higher than both the state…
State Approves a 9.8% Decrease to Florida’s Workers’ Compensation Insurance Premiums for Employers
State Insurance Commissioner David Altmaier has ordered a 9.8 percent decrease in the premiums that private employers pay for workers’ compensation insurance for their employees. The new rates will apply to both new and renewal workers’ compensation insurance policies effective in Florida as of January 1, 2018. “The Office will continue to monitor the marketplace…
