Nys exempt salary minimum 2026. 50 on and after January 1, 2025 and $17.

Nys exempt salary minimum 2026. 50 on and after January 1, 2025 and $17.

Nys exempt salary minimum 2026. 20 weekly ($58,558. 40 annually) to $1,200 weekly ($62,400 annually). 50 per week in New York City, Westchester County, and Long Island. As a further reminder, New York does not have a higher salary threshold than federal law with respect to an “employee employed in a bona Nov 10, 2023 · The minimum wage in New York is set to increase to $17 per hour for most employers by January 1, 2026. Starting July 1, 2024, the final rule will require that most salaried workers who earn less than $43,888 ($844 per week) be eligible for overtime pay. *Connect with your Human Capital Consultant for annual increase details. These rates apply to all employers, regardless of size, ensuring consistency across industries. The minimum salary for the highly compensated employee exemption reverts back to $107,432 per year. Employers in the Empire State may need to review and revise their budgets in light of recently finalized minimum wage hikes. 5572) that, effective March 13, 2024, will change the salary threshold governing various exemptions under Article 6 of the New York Labor Law (“NYLL”). 00 per week (same as the December 31, 2019 threshold). 50 on and after January 1, 2025 and $17. Visit us to learn about your tax responsibilities, check your refund status, and use our online services—anywhere, any time! City Guide: Visit New York City Guide for a look at geography, local history, architecture, and culture. Jan 16, 2020 · The last several years have seen successful efforts by employees and employee advocates to raise the minimum wage and salary thresholds for exempt employees throughout New York State. Employers may compensate exempt employees at the lower salary threshold in accordance with the employee’s location however, they must ensure compliance with New York’s pay frequency and method of Dec 18, 2024 · New York is Making Minimum Wage Adjustments Effective January 1, 2025, minimum wage rates in New York City, Westchester, and Long Island will increase to $16. 50 per week on January 1, 2025 in New York City and Nassau, Suffolk, and Westchester counties. For 2025, the minimum wage is $16. 00 per hour and the rest of New York will have a minimum of $16. Two different legislative proposals in Albany aim to Jan 29, 2024 · Also effective January 1, the minimum salary for executive and administrative employees to be exempt from overtime increased to $1,200 per week in New York City, Long Island and Westchester County and to $1,124. Jul 31, 2025 · Hawaii Basic Minimum Rate (per hour): $14. On January 1, 2026 the rate will rise to $17. Jan 1, 2024 · Salary Threshold Increases for “Executive” and “Administrative” Exemptions The regulations also amend the salary thresholds necessary to be considered an exempt “executive” or “administrative” employee under New York law, in addition to meeting the duties required of the exemptions. Alongside the New York State Senate, it forms the legislative branch of the New York state government and works alongside the governor of New York to create laws and establish a state budget. This rate of pay Dec 16, 2024 · On Jan. As you know, many other factors are related to an increase in the minimum wage. 00 per year (increased from $1,200. A new New York State law allows employers in certain situations to take a credit towards the minimum wage for tips received by an employee. Dec 12, 2023 · Minimum Wage Increase On January 1, 2024, the minimum wage in New York State will increase to $16 per hour in New York City and the counties of Nassau, Suffolk and Westchester, and increase to $15 per hour in all other parts of the State. We hear more than three million cases a year involving almost every type of endeavor. May 5, 2025 · ^Rates in this table apply to employees exempt from minimum wage and overtime under the New York state administrative and executive exemptions. Beginning in 2027, annual minimum wage increases will be tied to inflation. 65. May 3, 2023 · The Legislature provides scheduled increases to the minimum wage. Pursuant to the FLSA, employees who are compensated beyond a certain salary threshold and are employed in a bona fide executive Summary Based on these updates, employers who wish for their exempt employees to remain fully exempt under New York’s new law will need to compensate them at least $1,300/week or $67,600/year. Somma for legal representation regarding job discrimination, harassment, unemployment benefits, and workplace rights. Department of Labor (DOL) and the New York State Department of Labor (NYSDOL) have issued revisions to the Fair Labor Standards Act (FLSA) with respect to the minimum salary threshold for overtime eligibility for employees. 20 per week in the rest of the state. 65 tip credit/$13. 50 per week ($64,350 per year) on January 1, 2025 Update: The NYSDOL’s Proposed Regulations Increasing the Exempt Salary Levels Have Been Adopted as Final Regulations On Dec. Due to an increase in the state’s minimum wage, the minimum salary required for the administrative, professional and executive exemptions from The minimum wage is scheduled to increase by another $0. Jun 8, 2022 · Proposed New York state minimum wage increases would lift wages for more than 2 million workers through 2026 Minimum wages would range by region from $16. In New York City, Long Island, and Westchester the threshold increases to $1,237. 00 per hour on January 1, 2026. Feb 27, 2024 · New York Legal Developments As of February 2024 In Case You Missed It Minimum Wage Increases. Dec 2, 2024 · New York's minimum wage is scheduled to increase in 2025 and again in 2026. The new rule represents an almost 65% increase in the minimum exempt salary threshold by January 1, 2025 and an increase of almost 40% in the minimum HCE compensation threshold. Secure Access to New York State Services. 50 Rest of New York State: $15. 50 and a tip credit of $2. The U. After a 2026 50-cent increase, the annual increase will be Dec 11, 2024 · As of January 1, 2027, subsequent minimum wage increases will be tied to the three-year average of a regional consumer price index, such that economic conditions could prevent a rate increase for a particular year. 10 in upstate New York. 50 ($1124. 10 weekly) in areas outside of New York City, Nassau, Suffolk, and Westchester counties. 50 minimum wage in upstate New York. The thresholds will gradually increase each year through 2026. On May 3, 2023, New York Gov. Department of Labor Announces its Final Rule to Increase the Salary Level to Qualify for the White Collar Exemptions April 25, 2024 By: Subhash Viswanathan On April 23, 2024, the U. May 16, 2023 · Pursuant to legislation signed by New York Governor Kathy Hochul, New York’s minimum wage will gradually increase through 2026 to $17/hour in New York City, Long Island, and Westchester County and $16/hour for the remainder of New York State. Jul 12, 2023 · The minimum hourly wage rate for New York City, Westchester, Long Island, and the rest of New York State will increase annually for 2024 to 2026 as follows: For NYC, Westchester, and Long Island: Feb 9, 2024 · New York State Register increasing minimum salary thresholds for exempt executive and administrative employees to $1,200 per week for NYC and surrounding counties The Department will update this notice with additional information as it becomes available. Here are the 2025 New York minimum wage rates and overtime salary thresholds. Within New York City, Nassau, Suffolk, and Westchester counties, the minimum salary threshold will increase to $66,300 annually (approximately $1,275 weekly). In New York City and the counties of Nassau, Suffolk, and Westchester the minimum wage will be $16. 00 to $1,237. May 5, 2023 · Seyfarth Synopsis: Beginning January 1, 2024, the minimum wage across New York State will gradually increase to account for the rising cost of living. Jan 30, 2025 · Minimum wage increases - New York State’s minimum wage increase d from $16 to $16. Dec 12, 2024 · As has become an annual tradition, New York employers should keep in mind the scheduled minimum wage increases set to go into effect on January 1, 2025 (and beyond). WorkforceHub provides a one-stop reference for federal and state employment regulations. Dec 27, 2023 · Service employees – $2. 2026 will again see the minimum wage increase annually by $0. Kathy Hochul signed legislation into law increasing New York’s minimum wage for most employees beginning January 1, 2024, through 2026. Jan 15, 2024 · The NYDOL formally adopted the regulations increasing salary thresholds for minimum wage and overtime exemptions for executive or administrative employees. In 2024, the New York State Department of Labor (NYDOL) enacted new salary thresholds for certain exempt employees. Minimum Wage Rate and Credit Increases For those employers subject to the New York State minimum wage laws, effective January 1, 2025, the New York State minimum wage rate will increase to $16. 50. Dec 11, 2023 · Governor Hochul announced the start of a statewide public awareness effort to ensure that New Yorkers earning minimum wage receive the state’s historic minimum wage increase when it takes effect next year. May 2, 2024 · On April 23, 2024, the United States Department of Labor (“DOL”) issued a new Rule significantly increasing the salary thresholds for overtime exemptions under the Fair Labor Standards Act (FLSA). 00 per year). In October 2023, the New York State Department of Labor released proposed regulations to increase the salary threshold for minimum wage and overtime exemptions under the New York Labor Law. 10 per week. 00 in 2026. Feb 21, 2024 · New York recently raised the minimum salary basis thresholds for executive and administrative employees in order to satisfy the exemption from overtime. By 2026, the minimum wage in New York City, Westchester County, and Long Island will reach $17 per hour, while the rest of the state will see a rise to $16 per hour. 1, 2026 – $1,275 in downstate New York and $1,199. Jan 3, 2024 · As we start 2024, all New York State employers should be cognizant that minimum wage rates have now increased statewide, effective January 1, 2024. 50 per hour for New York City, Long Island, and Westchester County, and $15. May 17, 2023 · FY 2024 STATE BUDGET MADE CHANGES TO NEW YORK'S MINIMUM WAGE FY 2024 State Budget enacted increases to the minimum wage for three years: 2024, 2025, and 2026 Starting in 2027, NYS’s minimum wage will increase at a rate determined by changes in the Northeast Consumer Price Index for Urban Wage Earners and Clerical Workers (aka "Northeast CPI-W") Find information about state government agencies and learn more about our programs and services. 1, 2026 to $17 in New York City, Westchester County and on Long Island. 00 per week (up from $1,050. 00 to $16. Looking ahead, the minimum wage will increase by $0. On January 1, 2026 the rate will rise to $16. 80 annually) from $1,124. The Fair Labor Standards Act (FLSA) mandates certain guidelines for employers, including rules for overtime pay, minimum wages, and determining whether an employee is exempt or non-exempt from receiving overtime pay. This year, many of those increases take effect. Employers should review their pay practices to ensure compliance with these changes taking effect January 1, 2024. Department of Labor published a final rule (the “Final Rule”) concerning the salary thresholds for the executive, administrative, and professional (“EAP”) exemptions under the Fair Labor Standards Act (“FLSA”). 25 per hour by 2026 Dec 9, 2021 · Seyfarth Synopsis: As they have each year since 2016, the minimum wage and exempt salary threshold will increase for certain New York employers effective December 31, 2021. By 2026, the state's minimum wage will rise significantly, offering financial relief and Dec 30, 2024 · Minimum salary requirements for overtime exemption The federal Fair Labor Standards Act allows for exemptions from the federal overtime (and minimum wage) requirements for certain employees who work in administrative, professional and executive jobs (known as "exempt" employees). 00 per week in New York City, Long Island, and Westchester and in the remainder of the state to $1,199. We would like to show you a description here but the site won’t allow us. 27, 2023, the New York State Department of Labor (NYSDOL) published a Notice of Adoption of its proposed regulations in the State Register, which means the minimum weekly salary to qualify for the executive and administrative exemptions will oficially increase efective Learn about New York state and federal minimum wage laws. Employers’ Next Steps Aug 5, 2025 · Learn more about New York Minimum Wage Laws. Like the minimum wage increases, these thresholds increased in January of 2025 and will increase again on January 1, 2026. Nov 19, 2024 · As of November 15, 2024, the minimum salary for the executive, administrative, and professional exemptions reverts under federal law to $35,568 per year, or $684 per week. 35 to $21. Dec 11, 2024 · Minimum Wage Increases As outlined here, New York’s Governor Hochul signed legislation adopting a three-year period of annual increases to the state’s minimum wage rates, followed by a market-based approach to adjust minimum wage rates moving forward. Jul 26, 1999 · New York, constituent state of the United States of America, one of the 13 original colonies and states. To classify an employee as exempt from the FLSA’s minimum wage and overtime requirements pursuant to the EAP exemptions, an employer must generally show, subject to certain exceptions, that the employee meets the following three tests: (1) is paid a minimum salary level, (2) is paid on a salary basis and (3) performs certain job duties. For Hourly: Increasing to $15. Beginning in 2027, the minimum wage will annually increase by the three-year moving average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the Northeast Region. Explore the services available in New York State. 00 on and after January 1, 2026. 50 on January 1, 2025 and is scheduled to increase again by $0. Without explicitly stating it, New York essentially separated “exempt” status into two different categories: 1) exempt from minimum wage and overtime requirements; and 2) exempt from frequency of pay and method of pay requirements, each with its 6 days ago · Stay compliant with New York minimum wage laws at the state, NYC, and local levels. Dec 4, 2024 · As a quick reminder, to qualify as exempt from minimum wage and overtime pay requirements under New York law under the executive and administrative exemptions, an employee must meet the relevant duties-related test for the exemption and be paid at least the minimum salary threshold on a salary basis. Call Long Island employment lawyer Ralph A. 35 minimum wage in downstate New York and $2. Minimum Wage Increases Dec 28, 2023 · Effective on Jan. Update: The NYSDOL’s Proposed Regulations Increasing the Exempt Salary Levels Have Been Adopted as Final Regulations On Dec. What do you need to know about these changes and what actions should you consider taking now? Dec 16, 2024 · As of January 1, 2025, the minimum wage is $16. 50 elsewhere statewide. The list includes some special districts in states but does not include all of said districts. Dec 5, 2024 · Effective January 1, 2025, New York's salary basis test for employees classified as exempt under the administrative and executive exemptions will increase as follows: Answers about current minimum wage, rules of overtime, maximum hours of work and more. Nov 8, 2024 · On December 27, 2023, New York adopted the proposed updated minimum wage rates and salary levels for New York workers that included increases in the minimum wage by $. Dec 27, 2023 · Governor Hochul reminded New Yorkers that the state’s minimum wage will increase as part of a multi-year plan to index it to inflation. Jan 6, 2025 · The wage increase is part of a multi-year plan for gradual annual increases slated to end in 2027, ultimately indexing the minimum wage to inflation. 50/hour) § 2025 – $16. Jul 5, 2023 · The threshold for the minimum salary is increasing - FLSA updates It is likely that the minimum salary you are required to pay your salaried employees will see an increase. 20 per week) for the rest of the state. 50 per hour. Jan 1, 2025 · In 2026, the New York Exempt Salary Threshold will increase to $62,353. 50 dollars an hour. 50 each year through 2026 in addition to increases to the salary level for certain exempt workers. The NYSDOL’s final regulations also provide for increases to the hourly tip credits in the hospitality industry when the minimum wage increases in 2025 and 2026. 50 for workers in New York City, Long Island, and Westchester. 20 annually ($1,199. Apr 25, 2024 · Home New York Labor and Employment Law Report Blog Post U. 00 on 1/1/2026. Oct 5, 2023 · New York Governor Kathy Hochul recently signed legislation (S. Dec 18, 2024 · The DOL rule would have raised the minimum salary that employers are required to pay employees to maintain their overtime exempt status under the federal Fair Labor Standards Act’s “white-collar exemptions” for executive, administrative and professional employees (the “EAP Exemption”) as follows: Apr 23, 2025 · New York MINIMUM WAGES In 2025, New York’s minimum wage is $16. Nov 6, 2024 · The U. 00 annually). 27, 2023, the New York State Department of Labor (NYSDOL) published a Notice of Adoption of its proposed regulations in the State Register, which means the minimum weekly salary to qualify for the executive and administrative exemptions will offic Dec 10, 2024 · Overtime Exemption Salary Thresholds Increases The New York State Department of Labor raised the salary thresholds for executive and administrative exemptions to overtime in 2023. The official home page of the New York State Unified Court System. Minimum Wage Increases Through 2026 The Fiscal Year 2024 New York State Budget (the “Budget”) includes a multi-year plan to increase the State’s minimum wage starting on January 1, 2024. 50 Remainder of downstate (Nassau, Suffolk, and Westchester counties): $16. Below, we’ve outlined what employers should know about this development. 50 in 2025 and 2026. A majority of New York State will continue to adhere to the higher salary threshold requirements to consider an employee exempt. 00 per week or $62,400. The cash wage is approximately 2/3 of the Minimum Wage. S. 50 in New York City, along with Nassau, Suffolk, and Westchester Counties, whereas the weekly minimum salary will increase from Dec 26, 2024 · Minimum Wage Increase Effective January 1, 2025, the minimum wage in New York City, Westchester and Long Island will be $16. Jan 14, 2025 · In New York, on January 1, 2025, the minimum salary threshold for exempt employees under the executive and administrative exemptions increased depending upon location. Find a New York City minimum wage lawyer to help you get proper compensation. The minimum wage for the rest of the state increased to $15. 50-Per-Hour in New York City, Westchester, and Long Island, and $15. For employees in the remainder of New York State, the weekly salary threshold increased from $1,124. Jan 22, 2025 · Employers in New York City, Nassau County, Suffolk County and Westchester County – the hourly minimum wage rate rises from $16. 65 per week (or $60,405. Forgot Username? or Forgot Password? Need help? Get Assistance. Domestic service workers are subject to Hawaii's minimum wage and overtime requirements. 50 per hour—a 50 cent per hour increase from the current level. On January 1, 2026, the weekly minimum salary threshold for exempt “executive” and “administrative” employees will be increased to $1,275. 50 NY Labor Law 652; NY Dept. Answers about minimum wage rates, geographic differences, small & large employers, and more. Dec 29, 2023 · On January 1, 2024, New York’s minimum wage will increase to $16/hour in New York City, Westchester, and Long Island, and $15/hour for the rest of the state. Mar 18, 2025 · New York, however, has increased its state thresholds for certain employees to be exempt, making the New York salary threshold for exempt status eligibility higher than the federal threshold. 50 per hour in New York City, Long Island and Westchester and $15. Jan 8, 2025 · Salary Thresholds for Overtime Exemptions On January 1, 2025, the minimum salary threshold for the executive and administrative exemptions from overtime pay requirements in New York increased to $1,237. Jan 2, 2024 · New York State Department of Labor NYSDOL finalized the salary thresholds for exempt employees that were proposed as a part of Minimum Wage Order Updates in October Feb 21, 2024 · February 21, 2024 New York recently announced two updates to their salary thresholds for exempt employees which can be challenging to decipher. There is also a possibility of future annual increases based on inflation. Exempt salary thresholds for NYC, Long Island, and Westchester County: - $1,237. Wage Protections Minimum Wage The minimum wage rate for New York City is set by state law and is enforced by the New York State Department of Labor (NYS DOL). The minimum salary level to be considered exempt from overtime under NYS law for Executive and Administrative employees is tied to the minimum wage and may also be increasing for your industry and area. These changes will have some impact on Columbia University, as they will on most employers in the United States. 50/hour ($16. On January 1, 2026, the threshold will again increase to $1,275 per week, or $66,300 per year. New York State has passed increases to both its minimum wage and overtime salary thresholds. Learn about New York State services to find what may fit your need. The threshold will continue to increase on a yearly basis through 2026. 50-Per-Hour for the Rest of the State Part of Historic Agreement to Increase New York’s Minimum Wage Through 2026 and Index to Inflation Beginning in 2027 Traducción al español Jan 4, 2024 · The New York State Department of Labor (NYSDOL) has issued proposed regulations to align the state’s industry-specific wage requirements with the upcoming increases in the state minimum wage. In the rest of New York State, these amounts are slightly lower, with a cash wage of $12. Jan 8, 2024 · Seyfarth Synopsis: New York State formally adopted regulations increasing the salary thresholds for minimum wage and overtime exemptions for "executive" or "administrative" employee under the New York Labor Law. New York’s salary basis threshold for employees classified as exempt under the administrative and executive exemptions will also increase. Dec 31, 2016 · Minimum Wage Rate Schedule The state minimum wage increased by $0. May 3, 2023 · Governor Hochul announced that the FY 2024 Budget agreement includes a transformative plan to help low-wage New Yorkers keep up with the rising cost of living by increasing New York's minimum wage for three years and then tying future increases to inflation. For the rest of New York State, the minimum wage will increase to $15. Nov 25, 2024 · The state’s minimum wage will increase on January 1, 2025. 00/hour) § 2026 – $17. This means that in 2026, the minimum wage will be $17. Beginning in 2027, these rates will be adjusted each January 1 based on the Consumer Price Index. 65 per week. Jan 1, 2025 · At a Glance Highlights notable rate-related developments in the first half of 2025 Identifies minimum wage rate increases for non-exempt (including tipped) employees Lists increases to exempt employee pay resulting from minimum wage increases The New York exempt employee salary threshold adjustment increases the minimum annual salary required for exemption from overtime pay. 00 per hour. Find an employment lawyer today. This change affects various roles, including entry-level managers and skilled professionals, potentially reclassifying some as non-exempt and eligible for overtime. Learn the differences between exempt vs non-exempt employees through FLSA laws on minimum wage and overtime. 35 per hour with a tip credit of $2. Dec 31, 2024 · New York State employers and employees should be aware of the changes to minimum wages that affect both hourly and salaried employees. Effective January 1, 2025, the following key changes are expected to take effect: Apr 24, 2024 · Most recently, the New York State Department of Labor set the minimum salary thresholds for executive and administrative workers at $62,400 per year ($1200 per week) for New York City and the surrounding areas and $58,458. Jun 5, 2024 · Unlike the DOL’s proposed rule, the final rule will incrementally increase the minimum salary level for overtime exempt classification between July 1, 2024 and the beginning of 2025. 00 per week ($62,400 per year) for employees who work in Nassau, Suffolk, and Westchester counties and in New York City for any size employer. 50 per week or $64,350. The DOL webpage summarizing the new Rule can be found here. Learn the current and upcoming salary thresholds for executive, administrative, and professional employees to be exempt from overtime in New York. As part of the New York State budget legislation enacted on May 3, the minimum wage is set to rise up to $17 per hour in certain parts of the state by 2026. 58 per hour, a monthly salary of $9,646, or an annual salary of $115,763. Jul 12, 2023 · Back in May, New York’s Governor Kathy Hochul signed budget legislation increasing the NY minimum wage beginning January 1, 2024, and continuing through 2026. 80 annually) On January 1, 2026, businesses should anticipate another hike Jan 2, 2024 · On December 27, 2023, and just in time for the 2024 ball to drop, the New York State Department of Labor (NYSDOL) finalized the salary thresholds for exempt employees that were proposed as a part of Minimum Wage Order Updates in October 2023. Enacted as part of the state’s budget legislation, increases to the minimum wage beginning in 2027 and beyond will be indexed to the consumer price index. Dec 29, 2023 · In addition to this increase, the labor law provides further increases by $0. 50/hour) Salary Exemption Jan 3, 2025 · On January 1, 2025, the minimum salary threshold for the executive and administrative exemptions from overtime pay requirements in New York City, and Nassau, Suffolk, and Westchester counties increased to $1,237. Computer software employees must be paid an hourly wage of $55. It is important to note that New York State does not have a minimum set salary threshold for professional employees. 50 per year starting on January 1, 2025. 50 in 2025 and another $0. To be considered "exempt," these employees must generally satisfy three tests: Salary-level test: Employers must Jun 7, 2023 · On May 3, 2023, New York Gov. Jun 7, 2024 · The new rule automatically updates the salary levels beginning July 1, 2027, and every three years thereafter, using then-current wage date to determine the increases. Please answer the following questions to determine the final minimum wage to be paid to you by your employer. Dec 27, 2023 · On Dec. Use the service finder tool to answer a few questions and get a customized list of potential services that you may be eligible for. These amounts will increase each year as well. Employers in the remainder of New York – the hourly minimum wage rate rises from $15. Exempt employees working in Nassau, Suffolk, or Westchester Counties shall be paid a minimum salary of $1,125. As a result of the new minimum wage, the state is increasing the minimum salary requirement for the executive and administrative exemptions to $1,237. We hear family matters, personal injury claims, commercial disputes, trust and estates issues, criminal cases, and landlord-tenant cases. 00 annually) Rest of the state: $1,161. Jun 12, 2023 · On May 3, 2023, New York Gov. 00 on and after January 1, 2024, $16. Act 248, Regular Session 2013. 50 per hour for the rest of the state. The minimum wage will then increase by $0. 50, bringing the ultimate state minimum wage to at $17 in New York City, Westchester, and Long Island, and $16 in the rest of the state. Review and update compensation to comply. New York Depending on where employees work, the exempt minimum salary for 2024 in New York can range from $1,124. May 9, 2024 · Employers, especially in New York, should be aware of the two legal updates outlined below: New Salary Thresholds for White Collar Exemptions On April 26, 2024, the U. 50 in 2026, and increase thereafter at a rate determined by the Consumer Price Index for Mar 20, 2025 · As of January 1, 2026, the minimum wage for New York City, Long Island, and Westchester County will be $17. As of January 1, 2024, the minimum wage rates in New York increased as follows: · Long Island, New York City and Westchester (elsewhere in NY is reflected in parentheses) § 2024 – $16. Feb 3, 2025 · Additionally, as of January 1, 2025, the weekly minimum salary threshold to be overtime exempt increased from $1,200. Minimum Wage The minimum wage for New York City more than doubled between 2013 and 2020, as a result of State legislation, but its purchasing power has been eroded by the high rate of inflation in the wake of the COVID-19 pandemic. Effective January 1, 2025, all New York employers will face the following rate increases: May 2, 2024 · $1,200. Department of Labor's Final Rule increases the minimum salary requirements for white-collar exemptions from minimum wage and overtime pay under the Fair Labor Standards Act. New York, also called New York State, [b] is a state in the northeastern United States. 1, 2026, the minimum wage will increase by an additional 50 cents, bringing the New York City, Westchester, Nassau and Suffolk rates to $17 and the rest of the state to $16. The Dec 19, 2024 · Employers must prepare for changes to the New York State labor and employment laws affecting both public and private sector employers in 2025. Bordered by New England to the east, Canada to the north, and Pennsylvania and New Jersey to the south, its territory extends into both the Atlantic Ocean and the Great Lakes. 00 Premium Pay After Designated Hours 1 : Weekly - 40 An employee earning a guaranteed monthly compensation of $4,000 or more is exempt from the State minimum wage and overtime law. May 2, 2025 · The minimum hourly wage for workers in the state will increase on Jan. The Department’s regulations require executive, administrative, and professional (EAP) employees to be paid at least a minimum salary amount to be exempt from the Fair Labor Standards Act’s minimum wage and overtime requirements under section 13 (a) (1). 00 to $15. In connection with New York State’s budget legislation, Governor Kathy Hochul signed into law minimum wage increases that will continue through January 1, 2026. 00/hour ($16. Dec 19, 2024 · In addition to the minimum wage increase, the NYS salary thresholds for the executive and administrative overtime exemptions also increase January 1, 2025 and again in 2026 as noted below. Jan 13, 2025 · For New York City, Nassau, Suffolk and Westchester counties, the salary threshold increased from $1,200 per week to $1,237. Oct 30, 2024 · The state’s minimum wages and exempt salary thresholds will also increase automatically in 2026. New York Employers Must Regularly Check Salary Compliance In short, each minimum wage increase in New York State directly correlates to an increase in the minimum exempt salary threshold. Salary Level Increase for Exempt Status Under New York Labor Law Apr 25, 2025 · New York has once again raised the minimum salary requirement for employees to qualify as exempt from overtime. 00/hour ($15. Further, as part of the legislation Exempt employees working in New York City for employers with 10 or fewer employees shall be paid a minimum salary of $1,125. B. 10 January 1, 2026 - $18. 50 on January 1, 2026. These increases do not apply to tipped service workers in the food and hospitality industries or to home healthcare workers. Administrative Employee Overtime Exemption Frequently Asked Questions (FAQ) Both federal law (Fair Labor Standards Act or FLSA) and state law (New York Minimum Wage Act and applicable regulations) generally require the payment of overtime wages for work performed after 40 hours per week. For the remainder of the state, the minimum salary requirement for these exempt employees increased to $1,161. . 50 per year on January 1, 2025 and January 1, 2026. In the rest of the state, the minimum wage will increase from $15 to $15. 50 per hour, with a subsequent rise to $17. Feb 29, 2024 · New York’s minimum wage law currently is scheduled for additional increases in 2025 and 2026, with subsequent increases tied to regional inflation. Jul 8, 2025 · Welcome to the official website of the NYS Department of Taxation and Finance. The FLSA and the State Minimum Wage Act exempt employees who work in a bona fide administrative capacity Minimum Exemption Salary Thresholds by StateMinimum Exemption Salary Thresholds by State New York minimum wage 2025 New York’s current minimum wage except for fast food workers is as follows: New York City: $16. 50 per week, or $64,350 annually. In 2027, it will increase annually at a rate determined by the Consumer Price Index. The New York Department of Labor (“NYDOL”) is tasked with monitoring the statewide economy and adjusting the minimum wage accordingly. Nov 26, 2024 · Be prepared for minimum wage increases. 50 per hour for New York City, Westchester and Long Island Oct 6, 2023 · Fortunately, on October 4, 2023 the New York State Department of Labor (NY DOL) issued proposed regulations (Proposed Regulations) that, if adopted, will adjust the tip credit for food service workers so that the cash wage remains at only 2/3 of the soon-to-be-increased minimum wage. Key provisions of the law Full-time employees who Dec 22, 2023 · January 1, 2025 - $18. 27, 2023, the New York State Department of Labor (NYSDOL) published a Notice of Adoption of its proposed regulations in the State Register, which means the minimum weekly salary to qualify for the executive and administrative exemptions will oficially increase efective Jan 22, 2025 · [1] Employers can expect the minimum salary thresholds to increase again in 2026. 50 per hour in 2025, and to $16. 50 in 2026 as part of New York’s historic multiyear agreement between Governor Hochul and the New York State Legislature to index the minimum wage to inflation. 00. The State law excludes from coverage any employment Jan 1, 2024 · For 2024, service employees in New York City, Long Island, and Westchester County, the cash wage is set at $13. [1] The state minimum wage is scheduled to increase by $0. The minimum wage will also be indexed to inflation starting in 2027, meaning it will increase automatically each year based on the cost of living. If the NYDOL determines a rate increase is Jan 10, 2025 · These increases align with the state’s ongoing effort to support low-wage workers amid rising costs of living. Dec 12, 2022 · Remember, there could be corresponding increases in the tipped wage and wages paid for fast food employees in your area. *As of 12/31/2020, an employer cannot take any tip credit and must pay the full applicable minimum wage rate. Dec 27, 2024 · The following is a comprehensive list of the 2025 Exempt Status Salary Threshold by City and State. There is no minimum weekly salary under New York law to qualify for the professional exemption. The Budget legislation signed by Governor Hochul on Feb 16, 2024 · New York recently raised the minimum salary basis thresholds for executive and administrative employees in order to satisfy the exemption from overtime, not to be confused with the separate upcoming increases to salary threshold for the purposes of pay frequency. Dec 27, 2023 · In addition to the salary threshold, to be an exempt “executive” or “administrative” employee for purposes of minimum wage and overtime under these regulations, the employee must perform certain duties, which are unchanged under the new regulations. Read further at the NYSDOL links below. Aug 11, 2025 · The New York State Assembly is the lower chamber of the New York State Legislature. Expert guidance for employers—book a free Mosey demo today. EXEMPT EMPLOYEES SALARY THRESHOLD INCREASE When the New York State minimum wage increases, the state’s minimum salary required for executive and administrative employees increases proportionately Minimum salary thresholds for overtime exempt employees will increase from $684 to $844 weekly starting July 1, 2024, with further increases in 2025. New York, also called New York State, is a state in the northeastern United States. Kathy Hochul signed legislation into law increasing New York's minimum wage for most employees beginning January 1, 2024, through 2026. 50 per week (or $64,350. 20 per week. of Labor – Minimum Wage On January 1, 2026, the minimum wage will increase by $0. Dec 1, 2024 · Original Post Date: 10/29/2024 Upcoming New York State Minimum Wage, Executive & Administrative Exempt Salary Changes, Farm Overtime Threshold Reductions and Nationwide Changes The NYS Department of Labor is proceeding with scheduled increases to the state’s minimum wage effective December 31, 2022. 65 Please note that under New York State’s Home Care Worker Wage Parity Law, that covers only home care work in New York City, and Nassau, Suffolk, and Westchester Counties that is Medicaid-reimbursed, the supplemental wage or benefit amount for home care aides will decrease on January 1, 2024. Starting January 1, 2025, these thresholds have increased as follows: New York City, Long Island, and Westchester: $1,237. Quick Hits The New York State labor department approved new minimum salary thresholds for exempt executive and administrative Dec 27, 2024 · Maine To be classified as exempt from overtime under state law, administrative, professional and executive employees must satisfy certain salary and duties tests and receive a salary that exceeds 3,000 times the state minimum wage divided by 52. Similarly, New York passed Senate Bill S5572 in September 2023, increasing the salary thresholds for exempt employees under Article 6 of the New York As the federal minimum wage remains unchanged since 2009, New York takes bold steps to uplift its workers. 20 to $1,161. Jul 1, 2024 · In New York, where an exempt executive or administrative employee must be paid a salary, including board, lodging, or other allowances and facilities, the weekly minimum salary will increase from $1,200 to $1,237. 00). Understand how and when your business will be impacted. 55 to be exempt from overtime. Dec 17, 2024 · New York’s Minimum Wage Set to Increase to $16. 50 tip credit/$12. Department of Labor announced its final rule to increase the minimum weekly salary to qualify for the Fair Labor Standards Act white collar exemptions Jan 1, 2024 · In 2023, the New York State Legislature passed, and Governor Hochul signed, a minimum wage increase beginning in 2024 and continuing through 2026. qkjiiob yzd fneg boda prjcyg govct mrk qye harfed ubx