Oh Minimum Wage 2024. The petition, listed as state question 832, would gradually raise the minimum wage in oklahoma from the current $7.25 per hour to $15 in 2029. The hourly tipped minimum wage and maximum tip credit are each expected to rise to $5.25 from $5.05, based on bloomberg tax calculations.
However, some ohio businesses may be covered by exemptions to the ohio minimum wage and can pay the federal minimum wage. The new minimum wage will apply to employees of businesses with annual gross receipts of more than $385,000 per year.