Ohio’s minimum wage will not go up in 2010 as an indirect result of the stagnant economy, the Department of Commerce reported Thursday.
Under the constitutional amendment passed by voters in 2006, the minimum wage is tied to annual increases in the Consumer Price Index and changes effective January 1 depending on the inflationary rate over a 12-month period prior to each September.
The CPI dropped by 0.2% from Sept. 1, 2008 to Aug. 31, 2009, according to DOC.
Therefore, the state’s minimum wage remains at $7.30 per hour for non-tipped employees and $3.65 per hour for tipped employees.
The requirement applies to employers who gross more than $267,000 per year, DOC noted. The minimum wage for employees at smaller companies as well as 14- and 15-year-olds is $7.25 per hour.
The wage is tied to the Consumer Price Index (CPI) for urban wage earners and clerical workers for the 12-month period prior to September. This index declined by 0.2 percent from, resulting in no change to the state minimum wage.