Tipped Employee Minimum Wage Florida 2024. That $5.12 difference from the federal minimum wage is the “ tip credit.”. On september 30, 2022, the minimum wage in florida will increase from $10 per hour to $11 per hour for standard employees and from $6.98 per hour to $7.98 per hour for.

If an employer is to pay tipped employees a direct wage, the direct wage is calculated as equal to the current minimum wage of $12.00 minus the 2003 tip credit of $3.02. Under federal law, employers can pay tipped employees a lower cash wage as long as the sum of the cash wage and tips received is at least equal to the federal.