Nys Minimum Wage 2024 Salaried Employees

Nys Minimum Wage 2024 Salaried Employees. 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. Wa state minimum wage 2024.


Nys Minimum Wage 2024 Salaried Employees

Beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual increases in 2025. Pursuant to legislation signed by new york governor kathy hochul, new yorkโ€™s minimum wage will gradually increase through 2026 to $17/hour in new york.

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