The Virginia Minimum Wage will increase from $12.00 per hour to $12.41 per hour, effective January 1, 2025. This increase ensures compliance with § 40.1-28.10(F) of the Code of Virginia. The Virginia Department of Labor and Industry (DOLI) has issued a formal letter to Virginia employers (see here) and posted notification on their website.
As previously reported, legislation from the 2020 General Assembly session was enacted requiring the state to increase the minimum wage from its then current federally mandated level of $7.25 per hour to $9.50 per hour effective May 1, 2021; to $11.00 per hour effective January 1, 2022; to $12.00 per hour effective January 1, 2023; to $13.50 per hour effective January 1, 2025; and to $15.00 per hour effective January 1, 2026. For January 1, 2027, and thereafter, the annual minimum wage shall be adjusted to reflect increases in the consumer price index.
VACo Contact: Jeremy R. Bennett