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,. 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.

The minimum salary for exemption as an executive or administrative employee increases to $1,200 per week ($62,400 annualized) in new york city,. In the rest of the state, the minimum wage will increase to.