Vermont minimum wage rises to $8.60 Jan. 1November 11,2012MONTPELIER — Vermont’s minimum wage is set to go up a bit on Jan. 1, from its current level of $8.46 to $8.60 per hour.
The wage is tied to inflation and increases automatically under a state law passed several years ago.
The wage changes on Jan. 1 depending on changes in the consumer price index during the 12 months ending the previous August.
This year’s increase is a bit less than 2 percent.
Service and tipped employees — who get some of their income in for form of tips — will see their minimum wage go from its current $4.10 to $4 17.MORE IN This Just In
Rutland’s Secret Santa is getting an early start this year. Full Story
- Most Popular
- Most Emailed