Ny State Minimum Wage Increase 2024 Opm. 1, 2024, the minimum hourly wage will increase from $15.00 to $16.00 in new york city and nassau, suffolk, and westchester counties, and from. Employers should adjust their minimum exempt salary to $58,458.40 annually ($1,124.20 weekly) to reflect the increase that.
Employers are reminded that the next new york state minimum wage increase to $15.00 per hour was effective january 1, 2024, rather than december 31 as. New yorkers are gearing up for a significant change as the state’s minimum wage is scheduled to rise in 2024, marking the latest phase of an ambitious plan.
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