Ohio's Minimum Wage Rises to $7.95 an Hour Jan. 1
COLUMBUS, Ohio -- The minimum wage in Ohio is scheduled to increase Jan. 1 to $7.95 per hour for nontipped employees and $3.98 per hour for tipped employees. The higher minimum wage will apply to employees of businesses with annual gross receipts of more than $292,000 per year.
The current minimum wage is $7.85 per hour for nontipped employees and $3.93 for tipped employees, according to the Ohio Department of Commerce. The minimum wage applies to employees of businesses with annual gross receipts of more than $288,000 per year.
The amendment to the Ohio constitution voters passed in November 2006 says that the state minimum wage shall increase Jan. 1 of each year by the rate of inflation. The state minimum wage is tied to the Consumer Price Index for urban wage earners and clerical workers for the 12 months before each September. This CPI rose 1.5% between Sept. 1, 2012, and Aug. 31. The amendment also states that the wage rate for nontipped employees shall be rounded to the nearest five cents.
For employees at smaller companies (those with annual gross receipts of $288,000 or less per year in 2013 or $292,000 or less per year after Jan. 1, 2014) and for 14- and 15-year-olds, the state 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 that requires an act of Congress and the president’s signature.
Information on Ohio’s 2014 minimum wage is available at this website.
Published by The Business Journal, Youngstown, Ohio.
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