Following a series of progressive increases in both federal and Ohio minimum wage, employers can look forward to a period of status quo for 2010. The July 2009 increase in the federal minim wage (to $7.25 per hour) marked the last of three increases under the 2007 federal Fair Minimum Wage Act of 2007. There are no additional increases anticipated for 2010.
Likewise, Ohio’s minimum wage will remain unchanged for 2010. As was true for 2009, if you are an Ohio employer with annual gross receipts in excess of $267,000, you must pay the Ohio minimum wage, which is $7.30 per hour. If you are an Ohio employer and your annual gross receipts are $267,000 or less, then Ohio law requires you to pay the $7.25 per hour federal minimum wage.
Employers should continue to keep an eye on minimum wage rates, for there may be increases in future years. Under the Ohio constitutional amendment passed in November 2006, Ohio’s minimum wage is subject to increase each January 1, indefinitely. Because of a decline in the Consumer Price Index for the period of September 1, 2008 through August 31, 2009, there will be no increase in 2010. Depending on inflation rates for the September 2009 through August 2010 period, the result may be different for 2011.