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Florida Weekly Wage and Max Workers’ Comp Benefit See Biggest Jump Since 1980


December 8, 2023

 

The Florida Division of Workers’ Compensation has released the maximum weekly wage benefit for 2024 and it’s the largest two-year jump in wages in more than four decades.

 

Florida law sets the maximum indemnity benefit for injured workers at 100% of the average weekly wage in the state. The average wage rose from $1,099 in 2021 to $1,260 this year – a 15% increase. That much of an increase has not been since the high-inflation days of 1980, which saw a 20% spike in wages from two years earlier, according to a rate table from the DWC.

 

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