Vermont minimum wage to increase in 2021

Vermont News

(pixabay)

MONTPELIER, Vt. (NEWS10) — The Vermont Department of Labor announced an impending increase to the state’s minimum wage on October 1. Beginning January 1, wages will start at $11.75 per hour.

This increase represents $0.79, up from $10.96. The increase was calculated according to Act 86 of the 2019 Vermont General Assembly.

This adjustment will also affect the wages of service or tipped employees. Their rate is equal to 50% of the full minimum wage, so it will be $5.88 per hour in the new year.

According to current statutes, the minimum wage is set to increase again in 2022, this time to $12.55 per hour. In 2023 and beyond, the minimum wage will increase annually with inflation, calculated by the Department of Labor.

LATEST STORIES

Follow NEWS10

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Download our news app

App Store Link
Google Play Link
HOW TO MAKE NEWS10 YOUR HOMEPAGE_1280X720
CHECK OUT OUR NEW APP FEATURES

Click Below to set up your cable box

Latest COVID-19 News

More COVID-19

Cuomo Under Fire News

More Cuomo Under Fire