Ohio's Minimum wage workers are set to get a pay raise Jan. 1. The minimum wage will increase to $7.30 an hour. The minimum wage for tipped employees will raise to $3.65, plus tips.

The new state minimum wage will mean an increase of 30 cents for non-tipped employees and a 15-cent increase for tipped employees.

The increase will only apply to employers who make more than $267,000 a year, compared to the current minimum wage law which applies to employers who make more than $255,000 a year.

Voters in 2006 approved a statewide measure that said the state's minimum wage would increase the first day of each year with inflation.

Some local employers say with the increased labor costs it will make it harder to do business. They further said it will be harder to give employees who have been with the company for years a raise.

"The impact of the increase in minimum wage will be minimal to the university (Shawnee State) and affects mostly student employees. We anticipated this increase in minimum wage, so funding allocations should enable students to continue to work at their present schedules through the end of the academic year," Elizabeth Blevins, Director of Communications for Shawnee State University said.