Nys Minimum Salary For Exempt Employees 2024. For the executive and administrative exemptions,. The new york state department of labor (dol) published.
That amount rises again on january. Nys exempt salary minimum 2024 bobbi arielle, for 2024, the minimum wage in new york city, westchester and long island will be $16 per hour.
New York’s Minimum Wage For All Areas Will Be Determined By The U.s.
Historically, the exempt employee salary threshold has been set at 75 times the minimum wage rate.
The Comment Period For Such Regulations Closed On December 4, 2023.
As a result of a change.
As Of January 1, 2024, In New York State, The Minimum Salary Required For Executive And Administrative Exemptions Will Be $1,200.00.
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The Minimum Salary For Exemption As An Executive Or Administrative Employee Increases To $1,200 Per Week ($62,400 Annualized) In New York City, Nassau, Suffolk, And Westchester Counties And To $1,124.20 Per Week ($58,458.40 Annualized) Elsewhere In The State.
Similarly, the exempt salary threshold for the remainder of the state would increase in 2024 from $1,064.25 weekly (or $55,341 annually) to $1,124 weekly (or.
As Of January 1, 2024, In New York State, The Minimum Salary Required For Executive And Administrative Exemptions Will Be $1,200.00 Per Week In Nyc, Long Island, And Westchester.
The minimum salary for exemption as an executive or administrative employee increases to $1,200 per week ($62,400 annualized) in new york city, nassau, suffolk, and westchester counties and.
The New Thresholds Went Into Effect On December 31, 2016, And Were Subsequently Amended In 2020, 2021, And 2022.
