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Virginia Department of Human Resource Management - August 2024 |
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August 9, 2024
Virginia Minimum Wage Increase Effective January 1, 2025
Good morning Colleagues,
This is official notice that 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.
All state agencies will need to review the hourly rates for wage employees, and hourly equivalents of classified staff to determine employees who are impacted by this change, and then make arrangements to increase hourly rates no later than January 1, 2025. Funding for this increase is provided in the FY25-FY26 Biennial Budget for impacted agencies based on estimated costs (see Item 469.Q of the 2024 Special Session I, Virginia Acts of Assembly).
Thank you for your attention to this matter!
Janet Lawson, DHRM Director
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Published by the Virginia Department of Human Resource Management
www.dhrm.virginia.gov
101 N. 14th Street, 12th Floor
Richmond, VA 23219 |
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