Minimum Wage Nyc 2024. Most states have a minimum wage law that sets a standard above the federal minimum. 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.
By taylor soper on july 15, 2024 at 11:08 am july 15, 2024 at 11. Download, graph, and track economic data.
The Increased Executive And Administrative Employee Salary Thresholds Come As New York’s Minimum Wage Rose On Jan.
From january 1, 2024 through december 31, 2024, the minimum hourly rates that employers must pay to tipped workers are:
In Westchester, Suffolk And Nassau Counties, The Minimum Wage Is $13.00 Per Hour.
Release table for 2024, release tables:
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The Minimum Wage In New York City And Nassau, Suffolk, And Westchester.
Beginning in 2027, the minimum wage will.
In Nyc, The Minimum Wage Is $15.00 Per Hour.
1, workers in new york city, long island and westchester will see their hourly wage jump from $15 to $16.