Central Florida Businesses Lead with Wages Above New $14 Minimum

Florida's minimum wage has recently increased to $14 per hour, marking a significant step in the state's plan to reach $15 by 2026. However, several Central Florida businesses are already offering wages that surpass this new threshold, aiming to attract and retain employees in a competitive job market.

Evan Delaney, owner of Great Harvest Bakery in downtown Orlando, exemplifies this proactive approach. He ensures his staff receives more than the minimum wage, regardless of their eligibility for tips. Delaney emphasizes that while tips are appreciated, they should not be a necessary component of an employee's income. This strategy not only supports his team amid rising living costs but also fosters a motivated workforce.

According to CareerSource Central Florida, the average advertised wage in the region was approximately $24 per hour as of August, significantly higher than the state's new minimum. Pamela Nabors, CEO of CareerSource Central Florida, notes that industries such as hospitality, healthcare, and construction have already begun increasing starting salaries to remain competitive. She highlights that businesses aligning their compensation with market rates are better positioned to attract and retain talent.

Universal Orlando Resort has also set a precedent by raising its starting minimum wage to $17 per hour, surpassing the state's requirement. This move not only positions Universal ahead of competitors but also reflects a broader trend among large employers to offer more attractive compensation packages.

The incremental wage increases, culminating in a $15 minimum by 2026, are part of a constitutional amendment approved by Florida voters in 2020. This plan aims to provide workers with predictable earnings and help align wages more closely with the cost of living in Florida. Business owners like Delaney view these increases as opportunities to invest in their workforce, believing that fair compensation leads to better service and, ultimately, business success.

As the cost of living continues to rise, Central Florida businesses are recognizing the importance of offering competitive wages. By paying above the mandated minimum, they not only support their employees but also enhance their ability to attract and retain skilled workers in a dynamic economic landscape.