Ohio’s minimum wage is about to rise again, with the rate increasing for nontipped employees by cents an hour, from $10.45 to $10.70Workers who receive tips will get a wage increase from $5.25 to $5.35Those increases are slated to begin on Jan. 1, 2025.The minimum wage will apply to employees of businesses with annual gross receipts of more than $394,000 per year.The current federal minimum wage is $7.25 per hour. The Constitutional Amendment (II-34a) passed by Ohio voters in November 2006 states Ohio’s minimum wage shall increase on January 1 each year by the rate of inflation. The state minimum wage is tied to the Consumer Price Index (CPI-W) for urban wage earners and clerical workers over the 12-month period prior to September. The CPI-W index increased by 2.4 % over the 12-month period from Sept. 1, 2023, to Aug. 31, 2024.For employees at smaller companies with annual gross receipts of $394,000 or less per year after Jan. 1, 2025, and for 14- and 15-year-olds, the state’s minimum wage is $7.25 per hour.For these employees, the state wage is tied to the federal minimum wage of $7.25 per hour, which requires an act of Congress and the President’s signature to change.
Ohio’s minimum wage is about to rise again, with the rate increasing for nontipped employees by cents an hour, from $10.45 to $10.70
Workers who receive tips will get a wage increase from $5.25 to $5.35
Those increases are slated to begin on Jan. 1, 2025.
The minimum wage will apply to employees of businesses with annual gross receipts of more than $394,000 per year.
The current federal minimum wage is $7.25 per hour.
The Constitutional Amendment (II-34a) passed by Ohio voters in November 2006 states Ohio’s minimum wage shall increase on January 1 each year by the rate of inflation. The state minimum wage is tied to the Consumer Price Index (CPI-W) for urban wage earners and clerical workers over the 12-month period prior to September. The CPI-W index increased by 2.4 % over the 12-month period from Sept. 1, 2023, to Aug. 31, 2024.
For employees at smaller companies with annual gross receipts of $394,000 or less per year after Jan. 1, 2025, and for 14- and 15-year-olds, the state’s minimum wage is $7.25 per hour.
For these employees, the state wage is tied to the federal minimum wage of $7.25 per hour, which requires an act of Congress and the President’s signature to change.
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