Nyc Minimum Salary For Exempt Employees 2024. Effective january 1, 2024, the minimum wage increases to $10.33 per hour. The new york state department of labor finalized the minimum salary threshold for 2024.
The exempt salary threshold, currently set at $58,500 per year ($1,125 per week) in new york city, long island, and westchester and $55,341 per year ($1,064.25. The minimum wage rate for new york city employers remains $15 per hour for all employers.
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.
Nys minimum salary for exempt employees 2024.
Employers Should Adjust Their Minimum Exempt Salary To $58,458.40 Annually ($1,124.20 Weekly).
The new york state labor department approved new minimum salary thresholds for exempt executive and administrative workers for the next three years.
Nyc Minimum Salary For Exempt Employees 2024 Images References :
Employees Who Are Exempt From The Flsa’s Minimum Wage And Overtime Laws Include:
Ny minimum salary for exempt employees 2024 dacy michel, as part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the.
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.
Salary threshold for exempt employees (2022) along with the.