1.45% - Medicare Rate
Up To 5% - State Taxes
Minimum wage is $8.10 per hour.
Employer:The government contributes 70.32% of employee’s wages towards their pension.
Employee: contributes 29.68% of the regular wages. Contribution limit of $18,000.
Employer: Medicare - 1.45%
Employee: Medicare - 1.45% (additional 0.9% contribution for employees earning less than $200,000)
Employer: 6.0% and maximum taxable earnings are $7,000
There are 11 public holidays in Florida, public offices are officially closed however private companies are not required by law to give those days off to their employees.
Florida follows “employment at will” doctrine which means both the employee and employer are allowed to terminate the employment at any given time without a reason Therefore at the time of termination, the employer much pay all the necessary wages up to the day of termination.
There is no official notice period, but general practice is 2 weeks.
There is no official state or federal law regarding severance payments. It depends on the company’s policies.
State sales tax is 6%.