Ny Minimum Salary Exempt Threshold 2024. New york recently raised the minimum salary basis thresholds for executive and administrative employees in order to satisfy the exemption from overtime. Minimum salary for employees exempt from new york state pay frequency requirements on september 15, 2023, governor.
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. The current threshold is a little over.
The New York State Labor Department Approved New Minimum Salary Thresholds For Exempt Executive And Administrative Workers For The Next Three Years.
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 Recently Raised The Minimum Salary Basis Thresholds For Executive And Administrative Employees In Order To Satisfy The Exemption From Overtime.
The following is a comprehensive list of the 2024 exempt status salary threshold by state.
Ny Minimum Salary Exempt Threshold 2024 Images References :
Specifically, This Legislation Narrows The Scope Of Bona Fide Executive, Administrative Or Professional Employees Who Are Excluded From The Definition To Employees With.
The current threshold is a little over.
The Exempt Salary Threshold, Currently Set At $58,500 Per Year ($1,125 Per Week) In New York City, Long Island, And Westchester And $55,341 Per Year ($1,064.25.
The following is a comprehensive list of the 2024 exempt status salary threshold by state.