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Parms + Company offers a personal approach to accounting services and shows genuine interest in our business. The fact that we’ve been a client of Parms + Company for 30 years is proof of their quality service. With larger firms, you’re just another client. But not with Parms + Company. They give us exceptional service, and we are happy to continue this successful relationship with them. - Sommerville Funeral Services Akron, Ohio

Home > Resources + Tools > Blog > Ohio’s Minimum Wage Unchanged for 2016

Ohio’s Minimum Wage Unchanged for 2016

November 12, 2015

Ohio’s minimum wage will remain the same for 2016 at $8.10 per hour for non-tipped employees and $4.05 per hour for tipped employees.

The minimum wage applies to businesses with gross annual receipts greater than $297,000 per year.  For smaller companies with gross annual receipts less than that, the minimum wage is $7.25 per hour, which is the same as the federal minimum wage.

Parms + Company has completed our financial audit for the past two years. After speaking with a few companies who had experience with them, it was clear that Parms was highly recommended.  They have done a great job.  We have valued their counsel and have had a great experience with John and his team and I would gladly recommend them. - Bill Grindle CEO / Executive Director See Kids Dream