Employers should adjust their minimum exempt salary to $58,458.40 annually ($1,124.20 weekly) to reflect the increase that took effect january 1, 2024 in areas outside of new york city, westchester. To be an exempt executive or administrative employee under new york law, the employee must be paid on a salary.
To be an exempt executive or administrative employee under new york law, the employee must be paid on a salary. 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.
Starting January 1, 2024, New York's Minimum Wage Will Increase To $16 Per Hour In New York City, Westchester And Long Island, And $15 Per Hour For The Rest.
If those numbers hold true, the salary threshold for nyc, westchester, and long island would increase from $1,125 weekly (or $58,500 annually) to $1,200 weekly.
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.
New york recently raised the minimum salary basis thresholds for executive and administrative employees in order to satisfy the exemption from overtime.
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On May 3, 2023, New York Gov.
In the rest of the state, the minimum wage will increase to.
If Those Numbers Hold True, The Salary Threshold For Nyc, Westchester, And Long Island Would Increase From $1,125 Weekly (Or $58,500 Annually) To $1,200 Weekly.
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.
