Sunday, February 17, 2008

Vermont's minimum wage has increased to $7.68 per hour

The minimum wage in Vermont has increased to $7.68 per hour from $7.53 per hour on January 1, 2008. The Vermont minimum wage law is set to increase every year at the same rate as the August Consumer Price Index (CPI)。

On January 1, 2008 the state minimum wage for tipped employees (who are working in the hotel, motel, tourist place and restaurant industry and can receive tips) has also increased, from $3.65 to $3.72 per hour – an increase of 7 cents. But if the tipped employees’ total earnings is less than $7.68 an hour, their employers must make up the difference between $3.72 per hour and $7.68 per hour in the tips they get from their customers.

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