Ny State Minimum Wage 2024 Exempt. These requirements exceed the salary threshold requirements in the federal fair labor standards act (flsa). In new york, to be exempt from the overtime laws, employees must meet one of the applicable exemptions.
New york state department of labor helps collect underpayments for workers who have not received the minimum wage. This rate applies to employers who are outside of the nyc, long island, and westchester county areas.
The New York State Department Of Labor Finalized The Minimum Salary Threshold For 2024.
In new york, to be exempt from the overtime laws, employees must meet one of the applicable exemptions.
If The Historical Salary Basis Threshold Of 75 Times The Minimum Wage Remains The Same, The 2024 Exempt Salary Threshold For Such Employees In New York City, Long Island And Westchester Would Increase From $1,125 Weekly (Or $58,500 Annually) To $1,200 Weekly (Or $62,400 Annually).
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 $58,500 annually).
Ny State Minimum Wage 2024 Exempt Images References :
Effective March 13, 2024, The Salary Threshold For Certain Exemptions Under Article 6 Of The New York Labor Law (Nyll) Will Increase From $900 To $1,300 Per Week.
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.
These Requirements Exceed The Salary Threshold Requirements In The Federal Fair Labor Standards Act (Flsa).
In new york, to be exempt from the overtime laws, employees must meet one of the applicable exemptions.