New York State Exempt Salary Threshold 2024. Then in addition to the minimum wage increase, the nys salary threshold for the executive and administrative exemptions also increased january 1, 2024 to $1,200 per week for those in the nyc, long island, and westchester county areas and $1,124.20 per week for employers located outside those areas. Effective january 1, 2024, the salary threshold increases:
The following is a comprehensive list of the 2024 exempt status salary threshold by city and state. 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 per week) in the rest of the state, will rise proportionately with the minimum wage.
Beginning July 1, 2024, Hces Must Be Paid At Least $844 Per Week On A Salary Basis With A Total Annual Compensation Equal To Or Exceeding $132,964 Per Year, And By Jan.
The following is a comprehensive list of the 2024 exempt status salary threshold by city and state.
On December 27, The New York State Department Of Labor (Nysdol) Finalized Regulations Increasing The Salary Threshold To Be An Exempt Executive And Administrative Employee Under The New York Labor Law.
Presently, this threshold is set at $107,432 per annum.
New York State Exempt Salary Threshold 2024 Images References :
After A Comment Period, And On December 27, 2023, Those Changes Were Adopted By The Nysdol In The New York State Registrar.
(alternatively, employers could raise salaries to ensure employees remain exempt under fair labor standards act rules.)
Effective March 13, 2024, The Salary Threshold For Certain Exemptions Under Article 6 Of The New York Labor Law Will Increase From $900 To $1,300 Per Week, Pursuant To Senate Bill S5572, Which Governor Hochul Signed Into Law On September 15, 2023.
Effective december 31, 2023, the new minimums are $1,200 per week in new york city and nassau, suffolk, and westchester counties, and $1,124.20 per week for the rest of the state.