Minimum Salary For Exempt Employees 2024 New York. 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. Specifically, in new york city, westchester, and long island, the minimum salary increased to $62,400 as of january 1, 2024.
The minimum wage rate for new york city employers remains $15 per hour for all employers. The minimum salary for exempt employees in california (2023 update, dol proposes new exempt salary threshold to start in 2024.
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.
There is no minimum weekly salary under new york law to qualify for the professional exemption.
This Adjustment In Salary Thresholds For Executive And Administrative Employees Aligns With The Increase In New York’s Minimum Wage On January 1, 2024,.
New york state future salary thresholds.
Last Updated January 2, 2024.
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In 2023, The Minimum Salary Was.
Salary threshold for exempt employees (2022) along with the.
2225 To Inform Agencies Of Osc’s Automatic.
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.