This Law Firm Publication by Fisher & Phillips LLP discusses the upcoming increase in Florida's minimum wage to $8.05 per hour, an additional $0.12 over Florida's current minimum wage. Additionally, employers will be required to pay a direct cash wage of at least $5.03 per hour to "tipped employees" who otherwise qualify under the federal Fair Labor Standards Act (FLSA). These changes will take effect on January 1, 2015.