The hourly minimum wage in Ohio is expected to increase to $10.70 from $10.45 effective Jan. 1, 2025, according to Bloomberg Tax calculations.
The minimum wage for tipped employees is expected to increase to $5.35 from $5.25, according to the calculations.
Ohio’s minimum wage applies to businesses with a certain amount of annual gross receipts. Businesses are expected to be subject to the minimum wage law in 2025 if they have at least $394,000 in annual gross receipts, up from $385,000 for 2024, according to the calculations.
The calculations are based on a provision in Ohio’s Constitution and federal data ...
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