Florida Minimum Wage 2024 Annual Report. By next year, the minimum wage will increase to $14 per hour and $10.98 for tipped employees. Florida’s minimum wage will continue to rise in the coming years.

It will increase to $13.00 per hour after september 30, 2024, $14.00 after. The minimum wage increased to $12 per hour as of september 30, 2023, and will increase by $1 each september with annual adjustments until it reaches $15 per.