LIMA — The Ohio Department of Commerce has announced an increase in the minimum wage. The change is set to go into effect on Jan 1. For non-tipped employees, the minimum wage will increase from $9.30 to $10.10 per hour. For tipped employees, the minimum wage will increase from $4.65. This change will impact companies with annual revenue of more than $342,000 per year.
The minimum wage will remain the same for companies with less than $371,000 per year in revenue. The hourly wage for smaller companies and 14 or 15-year-olds is set by the federal wage at $7.25. Smaller companies are connected to the federal rate which can only be changed by Congress and the President.
In 2006, voters passed legislation to increase the minimum wage by Jan. 1 of each year by the rate of inflation.
For more information visit: com.ohio.gov/home.
