Minimum Wage goes up – FL Reemployment Rate Comes Down

by January 5, 2014 • 3 comments

By now most of you have received the notice of the minimum wage has increased as of 1/1/14 to 7.93 per hour. If you have not posted your notices in your breakrooms, community office areas in order to be compliant please take a moment to do so.

Also the Florida Department of Revenue has been mailing out their annual notice of reemployment tax rates (formerly unemployment tax). Surprisingly most have been receiving notices of lower rates. Those of you who have been paying 1.2% and have not had any claims should see your rate lowered to .59%. Remember this is for the first $8000.00 of wage earnings for each employee – while employed by your company. If the employee starts with you in June & has already hit their $8000.00 wage cap from their previously company that does not carry over to your company, they start over.

Want to learn more about changes and how they can affect your business or what you can be doing to save you money? Contact me today Lauree Adams, Owner Adams Business Solutions. lauree@adamsbusinesssolutions.com * 850-319-4205. new logo

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1 Robert Boxer January 6, 2014 at 10:05 pm

I recently wrote an article about how an increase in the minimum wage rate increases unemployment. You can read it here: http://wp.me/p3N9zD-4e

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2 Sharon Ernst January 9, 2014 at 11:43 am

It’s unfortunate that corporations in the United States must be forced to give their employees a minimum wage at all. Everyone in this country should be able to afford a roof over their heads and meals for their families at the bare minimum. Current minimum wages keep hard working Americans in poverty, and then corporations get huge tax breaks for giving to charities! Why not give their employees a living wage, and let the individuals raise themselves out of poverty, thereby not having to depend on so many of those so called “entitlement” programs the GOP is constantly trying to halt.

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3 Melanie Driggers January 9, 2014 at 3:11 pm

That makes common sense to me! Let’s help our own hardworking individuals for a change.

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