Salary Minimum Wage 2024 Ny Times. Discover the details of the nys minimum wage 2024 changes, including rates, impacts on employers, and benefits for workers. Stay informed about wage laws.

Employers should adjust their minimum exempt salary to $58,458.40 annually ($1,124.20 weekly) to reflect the increase that took effect january 1, 2024 in areas. New york starting january 1, 2024, new york’s minimum wage will increase to $16 per hour in new york city, westchester and long island, and $15 per hour for the rest of the state.