Nyc Minimum Salary For Exempt Employees 2024. Employers in new york should review their employee’s classification status and determine which exempt employees will be affected when the salary threshold. To be an exempt executive or administrative employee under new york law, the employee must be paid on a salary basis and meet the salary level threshold, in addition to meeting the duties prong of the exemption.
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 state. The new amendments have increased the salary thresholds as follows:
New York Is Increasing The Weekly Salary Threshold For Exemption From State Wage Payment Laws To $1,300 From $900, Under A Bill That Will Go Into Effect On March 13, 2024.
The minimum wage for employees in new york city, nassau, suffolk, and westchester counties increases to $16 per hour in 2024, and to $15 in other parts of the state.
Employers In New York Should Review Their Employee’s Classification Status And Determine Which Exempt Employees Will Be Affected When The Salary Threshold.
The new amendments have increased the salary thresholds as follows:
Nyc Minimum Salary For Exempt Employees 2024 Images References :
Certain Employees Are Exempt From Overtime Pay Rules If They Earn A.
Employers in new york should review their employee’s classification status and determine which exempt employees will be affected when the salary threshold.
As Of January 2024, The Salary Exemption Threshold For Employees In Nyc, Suffolk, Nassau, And Westchester Counties Is $1,200 Per Week, While The Threshold For All Other New York Employees Is $1,124.20 Weekly.
Exempt employees in new york state must meet this salary threshold and satisfy specific job duties tests to be considered.