Because of a Constitutional Amendment passed in better times, Ohio must adjust its minimum wage annually based on cost of living statistics. The Ohio Department of Commerce has just announced that Ohio’s minimum wage will increase by 30 cents an hour (3.9%) from $7.40 to $7.70 per hour. Tipped employees will see their minimum hourly compensation go from $3.70 to $3.85 per hour, assuming they receive an adequate level of tips. Very small employers (those who have less than $271,000 in receipts in 2012) are covered by the federal minimum wage, which remains at $7.25 per hour. 14- and 15-year old employees also have a $7.25 minimum wage. A link to the 2012 Oho minimum wage poster is here.