As of January 1, 2015, the minimum wage for the state of Florida is $8.05 per hour, according to Paywizard.org. For tipped workers, the minimum wage is $5.03 per hour, with a maximum tip credit of $3.02. State minimum wages are recalculated annually based on the Consumer Price Index.
The maximum credit for tipped workers is the amount of tips needed to earn at least $7.93 per hour. If a tipped worker did not earn enough tips to make $7.93 per hour, the employer must make up the difference. Overtime pay for the state of Florida is $12.075 per hour once eligible workers clock in an excess of 40 hours per workweek.