Vermont minimum wage to stay at $8.06 per hour in 2010
The minimum wage in Vermont will remain at $8.06 per hour during 2010, according to the Vermont Department of Labor (State of Vermont Department of Labor Press Release, October 19, 2009).
Annual increases in the state minimum wage rate are based on increases in the August Consumer Price Index (CPI) or five percent, whichever is smaller. The August CPI fell by 1.5% for the period September 1, 2008, to August 31, 2009. Vermont law does not allow the minimum wage to decline, so it will remain the same as for 2009, at $8.06 per hour.
The basic wage for tipped employees will also remain at its 2009 level of $3.91 per hour. Service or tipped employees are those individuals working in places who customarily and regularly receive more than $120.00 per month in tips for direct and personal service. The tipped employee's total earnings from wages and tips during a pay period must equal or exceed $8.06 per hour; If the combined amount of the basic wage and tips does not meet that requirement, the employer must make up the difference.
Vermont is one of only 13 states with a minimum wage rate higher than the $7.25 per hour federal minimum wage.
Reprinted with permission. © CCH
<p>Vermont minimum wage to stay at $8.06 per hour in 2010 The minimum wage in Vermont will remain at $8.06 per hour during 2010, according to the Vermont Department of Labor (State of Vermont Department of Labor Press Release, October</p>