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Here's how much it will increase on Jan. 1, 2024. 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.
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.
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.
The minimum wage increase in Ohio for 2025 doesn't necessarily have any economic impact, according to McClough. ... the minimum wage in Ohio has increased from $8.80. The federal minimum wage has ...
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 ...
The United States federal government requires a wage of at least $2.13 per hour be paid to employees who receive at least $30 per month in tips. [4] If wages and tips do not equal the federal minimum wage of $7.25 per hour during any week, the employer is required to increase cash wages to compensate.
The bill would have amended the Fair Labor Standards Act of 1938 (FLSA) to increase the federal minimum wage for employees to $10.10 per hour over the course of a two-year period. [167] The bill was strongly supported by President Barack Obama and many of the Democratic Senators, but strongly opposed by Republicans in the Senate and House.
The current Ohio minimum wage for tipped employees is $5.25 per hour and $10.45 for nontipped workers. ... “Ohio voters are to thank for next month’s increase in the minimum wage," Policy ...