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Vermont minimum wage rises to $8.60 Jan. 1
AP /
November 10, 2012
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MONTPELIER, Vt. (AP) — Vermont’s minimum wage is set to go up a bit on Jan. 1, from its current level of $8.46 to $8.60 per hour.
The wage is tied to inflation and increases automatically under a state law passed several years ago.
The wage changes on Jan. 1 depending on changes in the consumer price index during the 12 months ending the previous August.
This year’s increase is a bit less than 2 percent.
Service and tipped employees — who get some of their income in for form of tips — will see their minimum wage go from its current $4.10 to $4 17.
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