Does the minimum wage increase every year? I heard it was recently raised again in Ohio.
The national minimum wage is $7.25 – however, each State also has regulations regarding the minimum that can be paid to employees.
- Locally Indiana and Kentucky both follow the prevailing minimum wage set forth by the Federal government.
- However, Ohio wages are based on the U.S. Consumer Price Index and was just recently raised on January 1, 2018 – now the minimum wage in Ohio is $8.30 an hour. The wage is still $7.25 for employers who gross less than $305,000 per year and for 14- and 15-year-old workers—the federal minimum wage standard. Tipped employees are paid $4.15 (tip amount plus this must equal $8.15) for tipped workers. (Click Here for a copy of the Ohio Minimum Wage Poster for 2018)
- Multiple states have a minimum wage increase for 2018. A good resource to refer to is the Department of Labor State Minimum Wage Laws.
Below is a summary of changes effective January 1, 2018: (Note: Some local laws may require different minimum wage rates).
- Alaska: $9.84 per hour.
- Arizona: $10.50 per hour.
- California: $11.00 per hour with 26 employees or more; $10.50 per hour with fewer than 26 employees.
- Colorado: $10.20 per hour.
- Florida: $8.25 per hour.
- Hawaii: $10.10 per hour.
- Maine: $10.00 per hour.
- Michigan: $9.25 per hour.
- Minnesota: $9.65 per hour for large employers (annual gross revenue of $500,000 or more); $7.87 per hour for small employers (annual gross revenue of less than $500,000).
- Missouri: $7.85 per hour.
- Montana: $8.30 per hour.
- New Jersey: $8.60 per hour.
- New York: (effective 12/31/17)
- $11.00 per hour Nassau, Suffolk, Westchester counties;
- $10.40 per hour remainder of New York ($11.75 for fast food employees in fast food places outside of New York City).
- Ohio: $8.30 per hour (gross receipts of $305,000 or more); $7.25 per hour (gross receipts under $305,000).
- Rhode Island: $10.10 per hour.
- South Dakota: $8.85 per hour.
- Vermont: $10.50 per hour.
- Washington: $11.50 per hour.
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