New York State Minimum Wage 2024. 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 $58,500. In new york city, long island county, and westchester county, the current 2024 minimum wage is $16.00 per hour.
Prepare now for the 2024 new york minimum wage. 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 and 2026.
Beginning In 2027, The Minimum Wage Will Increase Annually.
In the rest of the state, the minimum wage will increase to $15 per hour.
Hourly Wages Increased A Whopping 15% In Just The Past Three Years, With The Average Hourly Wage Now Reaching About $35 Per Hour, Which Is Almost Five Times The $7.25.
The minimum wage for employees in new york city, nassau, suffolk, and westchester counties sees increase to $16 per hour effective january 1, 2024, while in other.
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.
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The Minimum Wage For Employees In New York City, Nassau, Suffolk, And Westchester Counties Sees Increase To $16 Per Hour Effective January 1, 2024, While In Other.
This year’s nlw increase is also set to be the third largest (real terms) annual.
Hourly Wages Increased A Whopping 15% In Just The Past Three Years, With The Average Hourly Wage Now Reaching About $35 Per Hour, Which Is Almost Five Times The $7.25.
Those increases will bring the minimum wage to $17 in the new york city area and $16 an hour in upstate new york, up about 12.7% from the current level in the region.
