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An increase to a $15 minimum wage could benefit as many as 1.6 million Ohio workers, according to a 2021 estimate from Policy Matters Ohio, along with the potential impact on the overall economy.
Basic Minimum Rate (per hour) is $7.25 for employers with ten or more full time employees at any one location or employers with annual gross sales over $100,000 irrespective of number of full time employees. All other employers: Basic Minimum Rate (per hour): $2.00. Unless the employers are subject to the Fair Labor Standards Act, in which case ...
In 2006, voters approved a constitutional amendment that ties Ohio's minimum wage to inflation. That means the 2024 state minimum wage for non-tipped workers is $10.45 an hour and for tipped ...
The Fair Labor Standards Act of 1938 29 U.S.C. ยง 203 [ 1] ( FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week. [ 2][ 3] It also prohibits employment of minors in "oppressive child labor". [ 4] It applies to employees engaged in interstate ...
Tipped minimum is 67% of the minimum wage. [199] Ohio: $10.45 $5.25 $7.25 under 16 years old The rate is $7.25 for employers grossing $371,000 or less. [291] The rate is adjusted annually on January 1 based on the U.S. Consumer Price Index. [292] Ohio's minimum wage increased to $10.45 ($5.25 for tipped employees) on January 1, 2024. Oklahoma ...
Wyoming: $7.25. In Wyoming, the minimum cash wage payment is $7.25 per hour. For tipped employees who earn more than $30 in tips, the tip credit is $5.12 per hour, and the minimum cash wage is $2. ...
Ohio's minimum wage is about to go up again in 2024. Starting Jan. 1, 2024, the new minimum wage will be $10.45 per hour for non-tipped employees and $5.25 per hour for tipped employees, ...
The Fair Minimum Wage Act of 2007[ 3] is a US Act of Congress that amended the Fair Labor Standards Act of 1938 to gradually raise the federal minimum wage from $5.15 per hour to $7.25 per hour. It was signed into law on May 25, 2007 as part of the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations ...
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