Effective January 1, 2014, Vermontβs minimum wage will increase from $8.60 to $8.73 per hour for non-exempt employees, the Vermont Department of Labor announced. For service or tipped employees, the minimum cash wage will increase from $4.17 to $4.23 per hour, and the maximum tip credit an employer may take will increase from $4.43 to $4.50 per hour.