Ohio's minimum wage is scheduled
to increase on January 1, 2014 to $7.95 per hour for non-tipped employees and
to $3.98 per hour for tipped employees, plus tips. The increased minimum
wage will apply to employees of businesses with annual gross receipts of more
than $292,000 per year.
The current 2013 Ohio minimum
wage is $7.85 per hour for non-tipped employees and $3.93 for tipped employees,
plus tips. The 2013 Ohio minimum wage applies to employees of businesses
with annual gross receipts of more than $288,000 per year.
The Constitutional Amendment
passed by Ohio voters in November 2006 states that Ohio's minimum wage shall
increase on January 1 of each year by the rate of inflation. The state
minimum wage is tied to the Consumer Price Index (CPI) for urban wage earners
and clerical workers for the 12-month period prior to September. This CPI
index rose 1.5 percent over the twelve month period from September 1, 2012 to
August 31, 2013.
For employees at smaller
companies (with annual gross receipts of $288,000 or less per year in 2013 or
$292,000 or less per year after January 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 which requires an act of Congress and the President's
signature to change.
Monday, September 1 2014 2:00 AM EDT2014-09-01 06:00:48 GMT
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