Minimum Wage 2024 Ny State. 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. 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 inflation starting in 2027.
Download, graph, and track economic data. View minimum wage rates through 2022.
In New York City, Long Island County, And Westchester County, The Current 2024 Minimum Wage Is $16.00 Per Hour.
Starting january 1, 2024, minimum wage will rise to $16 per hour in new york city and select counties (nassau, suffolk, and westchester), and $15 per hour in other parts of.
Enforcement Of Minimum Wage Laws.
Kathy hochul signed legislation into law increasing new york’s minimum wage for most employees beginning january 1, 2024, through 2026.
Minimum Wage 2024 Ny State Images References :
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.
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 inflation starting in 2027.
Click Any State For Details About The Minimum Wage, Exemptions, And.
Employers should adjust their minimum exempt salary to $58,458.40.