What Is Minimum Wage In Ny 2024

What Is Minimum Wage In Ny 2024. 1, 2024, the minimum hourly wage will increase from $15.00 to $16.00 in new york city and nassau, suffolk, and westchester counties, and from $14.20 to. These rates are in effect from january 1, 2024 through december 31, 2024.


What Is Minimum Wage In Ny 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. The statewide $15 minimum wage will lift the earnings of about a quarter of the state’s total workforce and result in $15.7 billion of direct economic gains.

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