December 2024
Author: ADP Admin/Wednesday, December 2, 2020/Categories: Compliance Corner , State Compliance Update, Virginia
The Virginia General Assembly has delayed a scheduled increase to the minimum wage.
Background:
Assembly Bill 395 increases Virginia's minimum wage in phases. The first scheduled increase was set to take place on January 1, 2021. However, the General Assembly has announced a delay to allow employers more time to recover from COVID-19.
Updated Minimum Wage Schedule:
With limited exceptions, the minimum wage rate will increase according to the following schedule:
Day
May 1
January 1
Year
2021
2022
2023
2025
2026
Rate per hour
$9.50
$11.00
$12.00
$13.50
$15.00
Compliance Recommendations:
Beginning May 1, 2021, Virginia employers must pay all non-exempt employees at least $9.50 per hour. Virginia employers must also post an updated minimum wage notice in a conspicuous area of the workplace. Please contact your dedicated service professional with any questions.
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