The Ohio minimum wage is set to increase in January

Ohioans making minimum wage will see their pay increase in the new year. Starting Jan. 1, 2024 non-tipped employees working at businesses that make more than $365,000 dollars a year will have their wage increased to $10.45 an hour. Tipped employees will make $5.25 an hour.

For employees at smaller companies that make $385,000 or less per year after Jan. 1, 2024, and for 14-year-old and 15-year-old employees the state's minimum wage is $7.25 an hour. For these employees, the state minimum wage is same as the federal minimum wage which requires an act of Congress and the President's signature to change.

Constitutional Amendment (II-34a) passed in Ohio in November of 2006 states Ohio's minimum wage shall increase on January 1 each year by 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 increased by 3.7% between Sept. 1, 2022, and Aug. 31, 2023.

The current minimum wage in the state of Ohio is $10.10 per hour for non-tipped employees and $5.05 per hour for tipped employees.