Minimum Wage Increase
Ohio residents can look forward to a boost in their minimum wage in 2024. The state has recently announced that starting January 1, 2024, the minimum wage for non-tipped employees will rise to $10.45 per hour, while tipped employees will see an increase to $5.25 per hour.
The current minimum wage for 2023 in Ohio stands at $10.10 per hour for non-tipped employees and $5.05 per hour for tipped employees. However, this is set to change in the coming year. 
These wage adjustments apply to employees working for businesses with annual gross receipts exceeding $385,000. The previous 2023 minimum wage was applicable to businesses with annual gross receipts of more than $372,000. The increase reflects a commitment to addressing the rising cost of living and ensuring that Ohio workers receive a fair wage for their labor.
This wage increase has generated discussion among policymakers and business owners alike, but it signifies a step toward improving the economic well-being of Ohio’s workforce. With the new year just around the corner, many Ohioans are preparing to benefit from this long-awaited pay raise.
FAQ’s
When will Ohio’s minimum wage increase in 2024?
Ohio’s minimum wage is set to increase on January 1, 2024.
What will be the new minimum wage rates in Ohio for 2024?
In 2024, the minimum wage for non-tipped employees will be $10.45 per hour, and for tipped employees, it will be $5.25 per hour.
What is the current minimum wage in Ohio for 2023?
In 2023, the minimum wage in Ohio is $10.10 per hour for non-tipped employees and $5.05 per hour for tipped employees.
Who does the new minimum wage apply to in Ohio?
The new minimum wage applies to employees of businesses with annual gross receipts exceeding $385,000 per year.
