New York State Minimum Wage Increase 2024 For Employers

A proposal introduced in the senate last year called the raise the wage act of 2023 that would increase the federal hourly minimum wage to $17 over five years. The increased executive and administrative employee salary thresholds come as new york’s minimum wage rose on jan.

As a result of the ruling, michigan’s hourly minimum wage of $10.33 is expected to rise by at least $2 in february, once the state treasurer calculates inflation. The minimum wage in new york city and nassau, suffolk,.