Salary Minimum Wage 2024 Nyc 2024. Effective march 13, 2024, the salary threshold for certain exemptions under article 6 of the new york labor law (nyll) will increase from $900 to $1,300 per week. New york state will raise minimum wage to $16 an hour for employees in nyc, long island and westchester, beginning in 2024, as well as $15 elsewhere in the state.


Salary Minimum Wage 2024 Nyc 2024

As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the stateโ€™s minimum wage through 2026, with indexing to inflation starting in 2027. This salary threshold is consistently higher than federal law (even under the proposed federal changes) and continues to be generally calculated as 75 times the applicable minimum wage.

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