Florida's minimum wage earners are about to get a raise - albeit a small one.

Minimum wage in the state is going up by 14 cents.

However, the increase adds up to less than an additional $5 a week and many doubt how much it will help workers.

Florida's minimum wage is set to increase to $7.93 per hour on January 1.  In 2004, Florida voters approved a constitutional amendment which created Florida's minimum wage.  The minimum wage applies to all employees in the state who are covered by the federal minimum wage.

Florida law requires the Florida Department of Economic Opportunity to calculate a minimum wage rate each year. The annual calculation is based on the percentage increase in the federal Consumer Price Index for Urban Wage Earners and Clerical Workers in the South Region for the 12-month period prior to September 1, 2013.

Employers must pay their employees the hourly state minimum wage for all hours worked in Florida. Employers of tipped employees, who meet eligibility requirements for the tip credit under the FLSA, may count tips actually received as wages under the Florida minimum wage. 

However, the employer must pay tipped employees a direct wage.