Ohio's Minimum Wage Increases In 2018

MINIMUM WAGE

Hardworking New Yorkers shouldn't have to worry about whether they'll have enough money to put food on the table or if they'll be able to pay the rent or mortgage at the end of the month.

The saying, "every dollar counts", will be tested again, as Ohioans once again see a raise in minimum wage next year.

The wage applies to all Florida workers who are covered by the federal minimum wage, according to the Department of Economic Opportunity.

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People who work for smaller companies (those with less than 11 employees), will receive a $12 per hour minimum wage, an increase from their $10.50 wage. Each year, the wage is to increase with a rate of inflation. At the time the law passed, the country's first minimum wage was $0.25 per hour.

Governor Cuomo announced Sunday that 2018 will see the beginning of various economic justice programs for the middle class, including minimum wage increases, paid family leave policy, and tax cuts for the middle class. And that is the same rate for smaller companies with annual gross receipts of $305,000 or less per year, after January 1, 2018. When the wages increase, it makes it "cost effective" for employers to look for alternatives like self-check outs and other automated systems. The disparity in pay is so great that those at the bottom of the wage ladder could be earning an additional £5.24 per hour if their pay had risen at the same rate over the last 20 years as the pay of FTSE 100 chief executives.

However, the minimum wage increases only apply to restaurants that are part of a chain of 30 or more locations nationwide. The new employee scheduling regulations that are now in a public comment period, adds additional costs, paperwork and scheduling challenges to the backs of employers.

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