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2020 minimum wage for salaried employees. Virginia minimum wage act 401 2810. Effective may 1st 2021 the virginia minimum wage will increase to 975 per hour. Click any state for details about the minimum wage exemptions and other state labor laws.
Virginias minimum wage rate as of f 2020 is 725 per hour. It will then rise to 1100 per hour on january 1 2022 before increasing to 1200 per hour as of january 1 2023. During the legislative session the general assembly sent a bill to northam that would increase virginias minimum wage to 950 an hour beginning january 1 2021.
2020 minimum wage rates by state. Ralph northam signed legislation increasing the hourly wage from 7. Virginia hb395 2020 minimum wage increases the minimum wage from its current federally mandated level of 725 per hour to 950 per hour effective may 1 2021 to 1100 per hour effective january 1 2022 to 1200 per hour effective january 1 2023 to 1350 per hour effective january 1 2025 and to 1500 per hour effective january 1 2026 for january 1 2027.
You can find a list of highest and lowest minimum wage rates here. Most other states minimum wage varies due to different employment situations the same applies to the virginia minimum wage in 2020. Minimum wage update the virginia minimum wage act is scheduled to increase on may 1 2021 when the new law becomes effective.
It will then rise to 1100 per hour on january 1 2022 before increasing to 1200 per hour. The minimum wage in virginia will increase to 950 per hour on may 1 2021. Under the new law the minimum wage in virginia will increase to 950 per hour effective may 1 2021.
The virginia minimum wage in 2020 however is set to increase finally. The bill would hike virginias minimum wage from its current federal minimum rate of 725 an hour to 9 per hour as of july 1 2020. For effective date see acts 2020 cc.
A full time minimum wage worker in virginia working will earn 29000 per week or 1508000 per year.
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