2018 Minimum Wage Calculation - FloridaJobs.org

Loading...

2018 Florida Minimum Wage Calculations Inflation Rate Calculation Using CPI-W South Consumer Price Index - South Urban Wage Earners and Clerical Workers Month - Year

CPI-W 1982-84 Base Year

August 2016

229.479

September 2016

230.070

October 2016

230.238

November 2016

229.753

December 2016

230.016

January 2017

231.413

February 2017

231.825

March 2017

231.920

April 2017

232.552

May 2017

232.494

June 2017

233.064

July 2017

232.658

August 2017

233.691

Point-to-Point Percent Change in CPI-W (Aug 16 to Aug 17)

0.018355 = 1.84%

(233.691-229.479)/229.479 = 0.01835 = 1.84 % (

2017 Florida Minimum Wage

$8.10

The calculation of the 2018 Florida Minimum Wage Rate is done by applying the percentage change in the CPI-W (Aug 16 to Aug 17) to the 2017 Florida Minimum Wage Rate. The change amount is then added to the 2017 Florida Minimum Wage Rate. (233.691-229.479)/229.479 = 0.01835 .01835 * $8.10 = $0.15 ($8.10 + $0.15) = $8.25

Calculated 2018 Florida Minimum Wage

$8.25

The Florida Minimum Wage of $8.25 exceeds the Federal Minimum Wage of $7.25 so the Florida Minimum Wage prevails.

Technical note: The change between the 2017 and 2018 Florida minimum wage rate is 15 cents or 1.84 percent. Source: Florida Department of Economic Opportunity, Bureau of Labor Market Statistics. Prepared: September 30, 2017

Loading...

2018 Minimum Wage Calculation - FloridaJobs.org

2018 Florida Minimum Wage Calculations Inflation Rate Calculation Using CPI-W South Consumer Price Index - South Urban Wage Earners and Clerical Worke...

198KB Sizes 0 Downloads 0 Views

Recommend Documents

Minimum Wage Report - WageIndicator
Minimum Wage is a minimum standard that is used by employers to pay their workers legally. Indonesia has 33 provinces, b

Kohl's "minimum wage" Reviews | Glassdoor.co.uk
287 Kohl's reviews. A free inside look at company reviews and salaries posted anonymously by employees.

Automotive Wage Compliance In The Dealership: Minimum Wage Law
This means that the FLSA rules of one-and-one-half times the regular pay rate for hours worked in excess of 40 hours do

Minimum Wage - Wage and Hour Division (WHD) - U.S. Department of
Minimum Wage. Overview. The federal minimum wage provisions are contained in the Fair Labor Standards Act (FLSA). The fe

National Minimum Wage - Scottish Women's Convention
For the other rates, we are asked to 'monitor, evaluate and review the levels… and make recommendations' for April. 2017

THE MINIMUM WAGE DEBATE IN - JustJobs Network
buah tinjauan ringkas. Accessed on August 15, 2015. http://fsplem.blogspot.com/2008/08/sejarah-gera- · kan-buruh-indones

TOPICAL OUTLINE OF MASSACHUSETTS MINIMUM WAGE AND
10 Aug 2016 - 1. TOPICAL OUTLINE OF. MASSACHUSETTS MINIMUM WAGE. AND OVERTIME LAW. AND RELATED REGULATION. (Regulation n

Argument Essay Minimum Wage >>>CLICK HERE - WordPress.com
Argument essay minimum wage Mount Pearl. essay animal farm marketing dissertation examples pdf examples .... homework he

The Impact of the 2008 Youth Minimum Wage Reform
This paper analyses the impacts of the 2008 policy reform which replaced the youth minimum wage for 16-17 year-old ... T

Why Does the Minimum Wage Have No Discernible Effect on
The employment effect of the minimum wage is one of the most studied topics in all of economics. ... likely impact of in