Ohio minimum wage going up by 10 cents in 2014

TOLEDO, Ohio (AP) — Ohio's minimum wage is going up with the new year.

The minimum wage rose 10 cents to $7.95 per hour on Wednesday. The new minimum for tipped employees is now $3.98. That's a 5-cent-per-hour increase.

The increases were mandated by Ohio voters who in 2006 approved an amendment to the Ohio Constitution that links the minimum wage to inflation.

The minimum wage jumped 15 cents at the beginning of 2013.

The wage for employees at small companies and 14- and 15-year-olds is tied to the federal minimum wage, which is $7.25.

One policy group estimates that the minimum-wage increase this year will boost the paychecks of about 300,000 low-wage earners in Ohio.