The increase applies to employees of businesses with annual gross receipts of more than $342,000 per year.
For employees at businesses that make $342,000 or less per year and for 14- and 15-year-olds the minimum wage is $7.25 an hour. The state minimum wage for those workers is tied to the federal minimum of $7.25 an hour, which takes an act of Congress and the president to change, according to the ODC.
A constitutional amendment passed by Ohioans in 2006 increases the state’s minimum wage on Jan. 1 each year by the rate of inflation. The Ohio minimum wage is determined by the Consumer Price index for urban and clerical workers over a 12-month period, according to the ODC. From Sept. 1 2020, to Aug. 31, the CPI-W increased 5.8%.
About the Author