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Sep. 29—Ohio's minimum wage will increase to $10.45 an hour, and to $5.25 for tipped employees beginning Jan. 1. The state's minimum wage increases Jan. 1 of each year by the rate of inflation ...
Ohio's minimum wage is about to go up again in 2024 thanks to inflation. Here's how much it will increase on Jan. 1, 2024.
The state’s minimum wage rises by 25 cents on Jan. 1, going to $10.70 an hour to account for inflation. The current Ohio minimum wage for tipped employees is $5.25 per hour and $10.45 for ...
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
In 2006, Ohio voters approved a minimum wage increase tied to inflation. The minimum wage applies to businesses with annual gross receipts of more than $394,000 per year. The minimum wage is $7.25 ...
The state minimum wage is applicable to employers of six or more employees at one location not involved in interstate commerce [1] and for tipped employees is 30% of the federal minimum wage. [199] Wisconsin: $7.25 [313] $2.33 There is a special minimum wage for golf caddies: $5.90 per 9 holes and $10.50 per 18 holes.
Ohio's private sector consists of 921,000 employers, which hire at least 50.4% of the state's non-farm private workforce. [38] The state has a developing technology sector, and it is home to over 28,000 employers employing roughly 820,000 people; its rate of technology operations is 14% higher than the US average. [38]
An increase to a $15 minimum wage could benefit as many as 1.6 million Ohio workers, according to a 2021 estimate from Policy Matters Ohio, along with the potential impact on the overall economy.