(The Center Square) – Vermont’s hourly minimum wage rate increased again in 2023, following a trend that has been taking place within the state in recent years from legislation.
Beginning Jan. 1, employers across Vermont are required to pay at least $13.18 per hour. A year ago, Vermont’s hourly minimum wage increased 80 cents, from the 2021 figure of $11.75.
Vermont workers paid through tips also are privy to an increase in 2023. That hourly rate is increasing 31 cents, from $6.28 per hour to $6.59 per hour.
The rationale behind the tipped pay scale increase, according to state labor officials, is a specific threshold tied to the full minimum wage. Annually, rates for tipped workers must be at least 50% of the full minimum wage.
“The minimum wage and tipped minimum wage are adjusted annually in accordance with Vermont law and take effect at the start of the new year,” a statement from Department of Labor reads.
Vermont’s annual minimum wage increases are the outgrowth of Act 86, or Senate Bill 23, which the General Assembly adopted in 2020.
Provisions within the bill state the minimum wage rate at the beginning of each year “shall be increased by 5% of the percentage increase of the consumer price index,” as defined by the U.S. Department of Labor.
Another passage within the bill stipulates “in no event shall the minimum wage rate be decreased.”
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