New York State Minimum Salary Exempt Employees 2025. The new york state labor department approved new minimum salary thresholds for exempt executive and administrative workers for the next three years. The new york state labor department approved new minimum salary thresholds for exempt executive and administrative workers for the next three years.
The increased executive and administrative employee salary thresholds come as new york’s minimum wage rose on january 1, 2024, to $16 per hour for new york. Similarly, the exempt salary threshold for the remainder of the state would increase in 2024 from $1,064.25 weekly (or $55,341 annually) to $1,124 weekly (or.
$1,275 Per Week ($66,300 Per Year) Starting January 1, 2026.
Beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual increases in 2025.
The Minimum Wage Increased On January 1, 2024 To $16.00 Per Hour In New York City, Westchester, And Long Island And To $15.00 Per Hour In All Other Counties In New York.
These rates are in effect from january 1, 2024 through december 31, 2024.
Similarly, The Exempt Salary Threshold For The Remainder Of The State Would Increase In 2024 From $1,064.25 Weekly (Or $55,341 Annually) To $1,124 Weekly (Or.
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$1,275 Per Week ($66,300 Per Year) Starting January 1, 2026.
The weekly salary requirement for white collar exempt employees will then increase to $1,128/week on january 1, 2025.
The New York State Labor Department Approved New Minimum Salary Thresholds For Exempt Executive And Administrative Workers For The Next Three Years.
View minimum wage rates through 2022.
$1,237.50 Per Week ($64,350 Per Year) Starting January 1, 2025.