Minimum Wage Increase 2024 Ny. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation. View minimum wage rates through 2022.
After the initial increase, the minimum wage will increase by $0.50 in. Beginning in the new year, the minimum wage in new york city, long island, and westchester county will be $16 per hour.
These Rates Are In Effect From January 1, 2024 Through December 31, 2024.
Beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual increases in 2025.
As Part Of The Fiscal Year 2024 Budget, Governor Hochul Secured An Agreement To Increase The State’s Minimum Wage Through 2026, With Indexing To Inflation.
The purpose of this bulletin is to inform agencies of osc’s automatic processing of the january 2024 minimum wage increases for hourly employees and provide instructions.
Minimum Wage Increase 2024 Ny Images References :
The Minimum Wage Will Increase To $16 An Hour In New York City And Westchester, Nassau And Suffolk Counties And To $15 An Hour In All Other Areas Of The.
The rest of the state will bump up.
As Part Of The Fy 2024 Budget, Governor Hochul Secured An Historic Agreement To Increase New York’s Minimum Wage Through 2026 And Index It To Inflation Beginning In 2027.
The minimum wage will rise to $15 per hour on long island and in westchester, matching the $15 hourly minimum already set in new york city.