Minimum Wage 2024 Nyc Overtime

Minimum Wage 2024 Nyc Overtime. Specifically, the overtime final rule increases the minimum annual salary threshold from $684 per week to (i) $844 per week, or $43,888 if annualized, as of july. Governor kathy hochul signed into law in may increases to new york’s minimum wage that will occur over the next few years.

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. As of january 1, 2024, in new york state, the minimum salary required for executive and administrative exemptions will be $1,200.00 per week in nyc, long island, and.