New York Exempt Salary Threshold 2024. Editing by sandra maler and daniel. New york increases salary threshold for minimum wage and overtime exemptions in october 2023, the new york state department of labor released.
Proposed changes to salary exemption threshold. To be an exempt executive or administrative employee under new york law, the employee must be paid on a salary.
Department Of Labor Issued New Rules On April 23, 2024 Governing Minimum Salary Thresholds And Overtime Pay For Employees Across The Country.
The increased executive and administrative employee salary thresholds come as new yorkโs minimum wage rose on january 1, 2024, to $16 per hour for new york.
For The Executive And Administrative Exemptions, New Yorkโs Salary Threshold Currently Is $62,400 For Ny Metro (Increasing To $64,350 On January 1, 2025),.
Proposed changes to salary exemption threshold.
New York Exempt Salary Threshold 2024 Images References :
The Simplified Exemption Test For Highly.
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.