COLUMBUS, OH (MARION COUNTY NOW)—The state of Ohio is set to increase its minimum wage on Jan. 1, 2024, to $10.45 per hour for non-tipped employees and $5.25 per hour for tipped employees, according to the Ohio Department of Commerce’s Division of Industrial Compliance. This increase will apply to employees of businesses with annual gross receipts exceeding $385,000.
The current 2023 minimum wage stands at $10.10 per hour for non-tipped employees and $5.05 per hour for tipped employees, applicable to businesses with annual gross receipts over $372,000.
This increase is in line with the Constitutional Amendment (II-34a) passed by Ohio voters in November 2006, which mandates an annual increase in Ohio’s minimum wage based on the rate of inflation. The state minimum wage is tied to the Consumer Price Index (CPI-W) for urban wage earners and clerical workers over the 12-month period prior to September. The CPI-W index rose by 3.7% over the 12-month period from Sept. 1, 2022, to Aug. 31, 2023.
For employees at smaller companies with annual gross receipts of $385,000 or less per year after Jan. 1, 2024, and for 14- and 15-year-olds, the state’s minimum wage will remain at $7.25 per hour. This wage is tied to the federal minimum wage, which requires an act of Congress and the President’s signature to change.
Employers can access the 2024 Minimum Wage poster for display in their places of business by visiting the Ohio Department of Commerce’s Division of Industrial Compliance’s Bureau of Wage and Hour website.
Bureau of Wage & Hour Chief Steve Clegg provided more insights into the state’s minimum wage on the Department of Commerce’s podcast, Protecting What Matters. In the episode titled “Ohio’s Minimum Wage Increase: What You Need to Know,” listeners can learn more about how the state’s minimum wage is set year-to-year and how the Bureau of Wage and Hour works to ensure Ohioans are paid for the hours they work.