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Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
In 2006, voters approved a constitutional amendment that ties Ohio's minimum wage to inflation. That means the 2024 state minimum wage for non-tipped workers is $10.45 an hour and for tipped ...
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 beginning of 2023 will bring a raise, to $9.30 from $10.10, for Ohio’s minimum-wage workers. Tipped workers, whose wage is set at 50% of the regular minimum, saw an increase to $5.05 ...
Tipped minimum is 67% of the minimum wage. [199] Ohio: $10.45 $5.25 $7.25 under 16 years old The rate is $7.25 for employers grossing $371,000 or less. [291] The rate is adjusted annually on January 1 based on the U.S. Consumer Price Index. [292] Ohio's minimum wage increased to $10.45 ($5.25 for tipped employees) on January 1, 2024. Oklahoma ...
In 1938 the Fair Labor Standards Act established it at $0.25 an hour ($5.19 in 2022 dollars). Its purchasing power peaked in 1968 at $1.60 ($13.46 in 2022 dollars). [ 1] 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 ...
The Ohio minimum wage rate only applies to employees of businesses with annual gross receipts of more than $372,000, but if a business has gross annual receipts of $385,000 or less per year after ...
For anyone working a minimum wage job in this new year, ... Ohio: $10.45, up from $10.10. Oregon: Its $14.20 minimum wage will adjust for inflation on July 1. Rhode Island: ...
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related to: salem or minimum wage ohioEmployment.org has been visited by 100K+ users in the past month