Nys Minimum Wage 2024 Chart 2024. Before this increase took effect, the minimum salary threshold was $1,125 a week ($58,500 per year) for new york city and nassau, suffolk, and westchester. Download, graph, and track economic data.
The minimum wage also went into effect on. View minimum wage rates through 2022.
As Part Of The Fy 2024 Budget, Governor Hochul Secured An Historic Agreement To Increase New York’s Minimum Wage Through 2026 And Index It To Inflation.
The increased executive and administrative employee salary thresholds come as new york’s minimum wage rose on jan.
Kathy Hochul Signed Legislation Into Law Increasing New York's Minimum Wage For Most Employees Beginning January 1, 2024,.
Beginning december 31, 2016, annual increases in the general minimum wage were determined by employment location, industry, and number of employees (in new york.
Effective Jan 1, 2024, Minimum Wage Is $16 Per Hour In New York City And Nassau, Suffolk, And Westchester Counties, $15 Per Hour In The Remainder New York State.
In new york city, long island county, and westchester county, the current 2024 minimum wage is $16.00 per hour.
Employers Should Adjust Their Minimum Exempt Salary To $58,458.40 Annually ($1,124.20 Weekly) To Reflect The Increase That Took Effect January 1, 2024 In Areas.