Virginia Minimum Wage January 2024. Increases wage to $13.50 per hour effective january 1, 2025. House bill 1 would have increased the minimum wage from $12.00 per hour to $13.50 per hour in 2025 and $15.00 per hour in 2026.
If signed into law, the legislation would raise virginia’s $12 hourly minimum wage to $13.50 in 2025 and $15 in 2026. Virginia’s minimum wage currently sits at $12.00 per hour.
Basic Minimum Rate Per Hour Is $12.
Increases the minimum wage from the current rate of $12.00 per hour to $13.50 per hour effective january 1, 2025, and to $15.00 per hour effective january 1, 2026.
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If signed into law, the legislation would raise virginia’s $12 hourly minimum wage to $13.50 in 2025 and $15 in 2026.
Federal And State Minimum Wage Rates, Annual.
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The Wages Of Nearly A Million Virginia Workers Would Be Affected, If The $15 Minimum Wage Is Enacted, According To A 2021 Report By The Richmond Federal Reserve.
However, employers should note that the state’s rates will go up again on jan.
Virginia's Minimum Wage Rate As Of F, 2024 Is $12.00 Per Hour.
House bill 1 would have increased the minimum wage from $12.00 per hour to $13.50 per hour in 2025 and $15.00 per hour in 2026.
Virginia’s State Minimum Wage Is Set To Gradually Increase Each Year, Until It Reaches $15 Starting January 1, 2026.