What Is The Minimum Wage In Virginia Now, New Virginia Bill Could More Than Double Minimum Wage

Like the federal minimum wage virginias minimum wage has been stuck at 725 per hour for more than a decade.

What is minimum wage in nj after taxes. Virginias legislation raising the hourly minimum wage has cleared its final hurdle and is set to take effect on may 1 2021. October 29 2020 fact checking biden on minimum wage. Virginia becomes the first southern state to get on the path to a 15 minimum wage.

Historically virginia has followed the federal minimum wage which has been set at 725 since july 2009. This bill which now awaits gov. The minimum wage the lowest hourly amount that an employee may be paid for their labor is determined by both state and federal labor laws in the united statesunder the federal fair labor standards act states and localities are permitted to set their own minimum wage rates which will take precedence over the federal minimum wage rate if they are higher.

As originally passed by the general assembly the minimum wage law was scheduled to go into effect on january 1 2021however governor ralph northam amended the bill to delay the first increase to may 1 2021 providing employers an additional four months to. The federal minimum wage in 2020 is 725 per hour and has not increased since july 2009. Northams signature would gradually increase virginias minimum wage to 12 by january 2023 and then outlines a path to 15 by 2026 contingent on the approval of the general assembly.

Facts about the minimum wage. Wavy workers in virginia who earn minimum wage will officially see an increase in 2021. Federal minimum wage.

Tipped employees must be paid a cash minimum wage of 213 per hour then tipped an effective hourly rate of 762 per hour equalling the virginia minimum wage 2020 of 975 per hour. Ralph northam signed legislation increasing the hourly wage from 7. The minimum wage applies to most employees in virginia with limited exceptions including tipped employees some student workers and other exempt occupations.

When the state city or county minimum wage rate is higher than the federal rate employers are required to pay workers the higher amount. The virginia minimum wage was last changed in 2008 when it was raised 070 from 655 to 725. It joins 29 other states in raising the minimum wage above the federal minimum wage floor of 725.

All states minimum wage 101 research blog about. Virginias state minimum wage rate is 725 per hourthis is the same as the current federal minimum wage rate. From there the rate would rise to 11 per hour on july 1.