Tuesday, July 24, 2007

Federal minimum wage increases today

Today is July 24, which means that the federal minimum wage increases from $5.15 to $5.85 an hour. The Department of Labor is even nice enough to print a new wage and hour poster to hang in your business.

For Ohio businesses, this increase does not mean much, because last November's ballot initiative already raised this State's minimum wage to $6.85. Regardless every Ohio employer subject to the FLSA's minimum wage provisions must post, and keep posted, in a conspicuous place in all of their establishments the federal wage and hour poster. The federal minimum wage may again have meaning to Ohio employers when it increases to $7.25 two years from today.