New York State Minimum Wage 2024 Exempt

New York State Minimum Wage 2024 Exempt. On may 3, 2023, governor kathy hochul signed the new york state 2024 budget agreement into law, which contained increases to the state's minimum wage, effective on january 1, 2024. As of january 1, 2024, new york state’s minimum wage will increase to $16 per hour in new york city and the counties of nassau, suffolk and westchester, and to $15 per hour everywhere else in the state.


New York State Minimum Wage 2024 Exempt

On may 3, 2023, governor kathy hochul signed the new york state 2024 budget agreement into law, which contained increases to the state’s minimum wage, effective on january 1, 2024. 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 outside of new york city, westchester.

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