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Ohio's minimum wage is about to go up again in 2024. Starting Jan. 1, 2024, the new minimum wage will be $10.45 per hour for non-tipped employees and $5.25 per hour for tipped employees, according ...
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 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.
Following the enactment of the Puerto Rico Minimum Wage Act (Law 47 of 2021) there will be a yearly increase of the minimum wage from $7.25 to $10.50 per hour by July 1, 2024. Minimum wage increased to $8.50 on January 1, 2022, [329] with subsequent increases for all employees covered by the FLSA as follows: [330] $9.50 on July 1, 2023
Minimum wage rates vary greatly across many different jurisdictions, not only in setting a particular amount of money—for example $7.25 per hour ($14,500 per year) under certain US state laws (or $2.13 for employees who receive tips, which is known as the tipped minimum wage), $16.28 per hour in the U.S. state of Washington, [29] or £11.44 ...
With the increase, Washington continues to have the highest minimum wage of all states at $16.66, up 38 cents. Delaware will see the highest increase, from $13.25 to $15. Meanwhile, Minnesota has ...
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The Fair Minimum Wage Act of 2007 has set the minimum wage at $7.25 per hour since 2009. The real value of the federal minimum wage in 2022 dollars has decreased by 46% since its inflation-adjusted peak in February 1968.