William & Mary’s minimum wage for all permanent part-time and full-time employees will increase from $10.61 per hour to $12 per hour this summer, with the rate also serving as a minimum starting wage.
The William & Mary fiscal year 2020 budget approved unanimously by the Board of Visitors Friday included funding to provide the wage increase, said Sam Jones, senior vice president for finance & administration.
“This is an important step as we continue to look for opportunities to improve the wages of our employees, particularly our lowest-paid employees,” Jones said. “It’s also recognition of our staff’s hard work and valuable contributions to our students and campus. William & Mary is grateful for all that our personnel offer to the university.”
The adjustment will be effective in July, and will not affect contract nor temporary employees.
The General Assembly also included salary increases for all employees in its recently passed budget, contingent on the state meeting its revenue projections for the current fiscal year.
Pending further guidance from the Virginia Department of Human Resources, the university plans to increase base salaries 3% for all faculty, professional and operational staff beginning with the July 1 paycheck. Hourly employees will see their increases reflected on the July 16 paycheck.
For classified state employees only, as stipulated by the state and pending the availability of state resources, the pay increase will include a base salary increase of 2.75%, plus an additional merit pool averaging 2.25% of base salary for those with more than three years of continuous state service.