Sunday, February 17, 2008

Ohio’s Minimum Wage Increased to $7 Per Hour

The Ohio Department of Commerce had calculated the inflation adjusted Ohio minimum wage for 2008. Beginning on January 1, 2008, the Ohio’s minimum wage for non-tipped employees increased from $6.85 by 2 percent, which equals to 15 cents, to $7 per hour and from $3.43 per hour to $3.50 per hour for tipped employees.

The constitutional amendment passed by voters in November 2006 states that Ohio’s minimum wage shall increase on January 1 of each year by the rate of inflation. The increase is tied to the Consumer Price Index (CPI) for urban wage earners and clerical workers for the prior 12-month period as of September 30.

The increased minimum wage will apply to employers who gross more than $255,000 per year. Currently, Ohio’s minimum wage applies to employers who gross over $250,000 per year.

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