Salary Minimum Wage 2024 Ny 2024

Salary Minimum Wage 2024 Ny 2024. 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. 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.


Salary Minimum Wage 2024 Ny 2024

In addition, the legislation mandates minimum wage increases for 2025 and 2026 as noted below. View minimum wage rates through 2022.

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