On July 24, 2009, the federal minimum wage will increase from $6.55 per hour to $7.25 per hour for nonexempt employees under the Fair Labor Standards Act. This marks the final increase in a series of increases to the federal minimum wage under the Fair Minimum Wage Act of 2007.
Important Note for Ohio Employers: Ohio employers must be mindful of the Ohio minimum wage, which is currently higher than federal requirements. If you are an Ohio employer with annual gross receipts in excess of $267,000, you must pay the current Ohio minimum wage of $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 federal minimum wage above.