Legislation to raise the minimum wage in Virginia cleared its first hurdle in the Commonwealth’s Senate this week.
As revelers welcome the New Year, businesses across Maryland and Delaware are navigating the implications of an adjusted payroll due to a minimum wage increase taking effect today in both states.
A $15/hour minimum wage in Maryland may be here sooner than you think.
Maryland Gov. Wes Moore pushed lawmakers on Monday to increase the minimum wage to $15 this year — instead of waiting until 2025 — and allow annual increases that are tied to the cost of living.
Workers here on Delmarva can bring in the new year with some extra cash. That's because the minimum wage will increase on January 1.
Governor John Carney signed a Senate bill early Monday morning which will gradually raise minimum wage to $15 an hour. The states minimum wage will increase over the next five years from $10.25 to $15 by 2025.
Delaware is set to become the last Delmarva state to increase its minimum wage. The state House of Representatives passed Senate Bill 15 with a vote of 26 to 15 Thursday night. The bill now heads to Governor John Carney's desk, where it is expected to be signed into law. The bill sets a goal of increasing the state's minimum wage from $9.25 to $15 per hour by 2025.
Minimum wage workers in Virginia are making about 27 percent more now that a state-mandated increase has taken effect.
An effort to raise the federal minimum wage to $15/hr failed last week during COVID relief negotiations. Now, one Delaware senator is proposing the state legislature tackle the effort on it's own.
The Biden Administration's proposal to change the federal minimum wage to $15 an hour will affect restaurants and bars much differently than other industries. The plan would eliminate the tip credit which allows businesses to avoid paying regular minimum wage to tipped employees and instead a modified amount ($3.63 in Maryland). The difference is paid by the employer if the employee reports they made under minimum wage.
