Nys Exempt Salary Threshold 2024. New york finalizes increases in minimum wage, minimum salaries for exemption in 2024. New york also increased the salary thresholds for employees working in a bona fide executive, administrative, or professional capacity for purposes of wage.
While the nys salary threshold does not apply to the professional exemption, the federal fair labor standards act (flsa) threshold. The state minimum wage is scheduled to increase on january 1, 2024 to $16.00 per hour for new york city and the counties of nassau, suffolk and westchester, and to $15.00 per hour for the rest of the state.
As Part Of The Fy 2024 Budget, Governor Hochul Secured An Historic Agreement To Increase New York’s Minimum Wage Through 2026 And Index It.
New york increases salary threshold for certain labor law exemptions.
The State’s Minimum Wage Will Increase On January 1, 2024.
While the nys salary threshold does not apply to the professional exemption, the federal fair labor standards act (flsa) threshold.
New York Finalizes Increases In Minimum Wage, Minimum Salaries For Exemption In 2024.
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Here Is What Employers Need To Know Regarding The Ny Salary Threshold.
Ny state exempt salary threshold 2024.
While The Nys Salary Threshold Does Not Apply To The Professional Exemption, The Federal Fair Labor Standards Act (Flsa) Threshold.
On december 27, 2023, the dol published a notice of adoption in the new york state register, which finalized the proposed increases to the minimum wage and the salary.
The State Minimum Wage Is Scheduled To Increase On January 1, 2024 To $16.00 Per Hour For New York City And The Counties Of Nassau, Suffolk And Westchester, And To $15.00 Per Hour For The Rest Of The State.