What Is Minimum Wage Ohio 2024. Under the current minimum wage of $10.45 in 2024 indexed to inflation, the minimum wage in 2028 would be $11.31 if inflation increases at the reserve target over the next four years. Ohio’s hourly minimum wage will rise to $10.45 from $10.10, and the minimum wage for tipped employees will rise to $5.25 from $5.05 effective jan.
The current 2024 ohio minimum wage is $10.45 per hour. The group proposes a constitutional amendment to increase the minimum wage in the state to $12.75 an hour beginning jan.
An Employee, Who Works More Than 40 Hours In A Week, Is Entitled To Receive $15.68 Per Hour As Overtime.
These amounts apply to businesses that gross at least $385,000 per year.
There Are Special Rules And Considerations For Tipped Employees, Minor Employees, And Employees Of Certain Size Businesses.
The ohio minimum wage increase initiative may appear on the ballot in ohio as an initiated constitutional amendment on november 5, 2024.
The Proposal Would Raise The State's Minimum Wage To $15 An Hour For All Workers Starting Jan.
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The Minimum Wage In Ohio, As Of January 1, 2024, Is $10.45 Per Hour.
There are a few exceptions to the state minimum wage, such as overtime pay in ohio, which is time and a half per hour for any hour worked past 40 hours in a week.
11:17 Am Edt April 6, 2024.
The minimum wage went into effect on 01/01/2024 and is an increase of 3.47% above the previous 2023 ohio minimum wage of $10.10.
Ohio, Where Activists Are Working To Get Increasing The Minimum Wage On The Ballot In November.
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