Ohio's Minimum Wage Increases to $7.85 Jan. 1
COLUMBUS, Ohio -- Ohio’s minimum wage is scheduled to increase on Jan. 1 to $7.85 per hour for non-tipped employees and to $3.93 per hour for tipped employees, the Ohio Department of Commerce is reminding employers. That a 15-cent increase from the 2012 minimum wage of $7.70 and 8 cents more tipper employees.
The higher minimum wage will apply to employees of businesses with annual gross receipts of more than $288,000. By comparison, the 2011 threshhold was annual gross receipts of more than $283,000.
Ohio voters passed a constitutional amendment in 2006 that mandates Ohio’s minimum wage to increase on 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-month period prior to September. This CPI index rose 1.7%from Sept. 1, 2011 to Aug. 31, 2012.
For employees at smaller companies (with annual gross receipts of $283,000 or less per year in 2012 or $288,000 or less per year after January 1, 2013) 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, which requires an act of Congress and the President’s signature to change.
CLICK HERE for more information on Ohio’s 2013 minimum wage.
Published by The Business Journal, Youngstown, Ohio.