OH LEG Ohio Minimum Wage Rises
On Sep. 30, OH LEG reported the minimum wage would rise in 2025.
- OH LEG Department of Commerce said minimum wage will increase to $10.70 in 2025.
- Overview
- Minimum wage will apply to businesses with gross receipts of more than $394k/year.
- Current 2024 minimum is $10.45/hour and $5.25 /hour for tipped employees.
- Ohio requires minimum wage increase on Jan. 1 each year by rate of inflation.
- For smaller companies under $394K, the minimum wage is tied to federal minimum.
- Effectiveness
- Wage increase is effective on Jan. 1, 2025.
| Regulators |
OH LEG
|
| Entity Types |
CNSM; Corp |
| Reference |
PR, 9/30/2024 |
| Functions |
Compliance; Financial; HR; Legal; Operations |
| Countries |
United States of America |
| Category |
|
| State |
|
| Products |
Corporate |
| Regions |
Am |
| Rule Type |
Final |
| Rule Date |
9/30/2024 |
| Effective Date |
1/1/2025 |
| Rule Id |
228060 |
| Linked to |
N/A
|
| Reg. Last Update |
9/30/2024 |
| Report Section |
US Consumer |
Last substantive update on 10/03/2024
