Ny State Minimum Wage Increase 2024. Ny minimum wage rising to $15 upstate, $16 in nyc in 2024. The minimum wage will increase to $16 an hour in new york city and westchester, nassau and suffolk counties and to $15 an hour in all other areas of the.
Similarly, the exempt salary threshold for the remainder of the state would increase in 2024 from $1,064.25 weekly (or $55,341 annually) to $1,124 weekly (or. Those increases will bring the minimum wage to $17 in the new york city.
The Agreement Between Governor Hochul And The New York State Legislature Establishes A New Minimum Wage Of $16 Per Hour For New York City,.
Pursuant to legislation signed by new york governor kathy hochul, new yorkโs minimum wage will gradually increase through 2026 to $17/hour in new york.
In 2027, The Minimum Wage Will Increase Annually At A Rate Determined By.
Those increases will bring the minimum wage to $17 in the new york city.
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Starting January 1, 2024, New York's Minimum Wage Will Increase To $16 Per Hour In New York City, Westchester And Long Island, And $15 Per Hour For The Rest.
Last year, the governor announced a minimum wage increase for counties outside of new york city, long island, and westchester to $14.20 per hour.
On January 25, 2024, The State Comptroller's Office Issued State Agencies Bulletin No.
As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the state’s minimum wage through 2026, with indexing to.