What is the difference between a minimum wage law and a living wage law?
The difference between a minimum wage law and a living wage law is important to understand if you live in Florida. A minimum wage law sets the least amount of money an employer must pay their employees. This amount must be equal or higher than the amount set by the state or the federal government. A living wage law, on the other hand, is the minimum wage an employee must be paid in order to have enough money to cover all their basic needs. In Florida, the state minimum wage is set at $8.56 per hour. This means that all employers must pay their employees at least this amount. However, the living wage can vary from area to area. The main difference between a minimum wage law and a living wage law is that a living wage law takes into account the cost of living in the area where the employee resides. This means that if the cost of living in a certain area is higher, the living wage may be elevated to ensure that the employee can afford to pay for the basics. It is important for those in Florida to recognize the difference between a minimum wage law and a living wage law. The minimum wage law ensures that employees receive a fair wage for the work they do, while a living wage law helps guarantee that they have enough money to cover their expenses.
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