Employers in the Sunshine State are required to update their labor law posters to be in compliance with recent state changes. The changes include an increase in the minimum wage and updates concerning unemployment compensation assistance under the Reemployment Assistance Program.
Enactment of the Florida Minimum Wage Act dates back to 2005. Each September 30 the Florida Department of Economic Opportunity calculates an adjusted state minimum wage rate based on changes in the Consumer Price Index (CPI).
Effective January 1, 2013 the Florida minimum wage increases by .12 cents to $7.79 per hour. That equates to 1.6%, and tipped employees must receive at least $4.77 per hour, in addition to tips. This is the ninth time the Florida minimum wage has increased over the last 7 years. It was frozen at the federal rate of $7.25 between 2009 and 2011.
The Unemployment Compensation Program is now called the Reemployment Assistance Program. Reemployment taxes finance the benefits paid to eligible unemployed workers. Those taxes are paid by the employer, and by law, cannot be deducted from employee’s wages.
Florida 2013 All-On-One posters are now shipping! Please call or visit us online today to place your order!