On January 1, 2025, Ohio’s minimum wage will increase to $10.70 per hour. The minimum base wage for tipped employees will increase to $5.35 per hour. Employers that gross less than $394,000 per year can pay the federal minimum wage. (Despite our reaching out, state sources still disagree on whether this threshold is only less than $394k or includes $394k. If your organization makes exactly $394k, you may want to contact the state.)