New York State Minimum Wage 2024 Minimum Wage

New York State Minimum Wage 2024 Minimum Wage. In contrast to previous years, the new minimum wage rates apply to all new york employers, regardless of the employers' size. These rates are in effect from january 1, 2024 through december 31, 2024.


New York State Minimum Wage 2024 Minimum Wage

On may 3, 2023, governor kathy hochul signed the new york state 2024 budget agreement into law, which contained increases to the state’s minimum wage, effective on january 1, 2024. The new minimum wage is an increase of roughly 6.7% above the previous local minimum wage of $15.00.

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