The minimum wage increase will more than likely result in an increase to the minimum weekly salary for exempt administrative and executive employees. Then in addition to the minimum wage increase, the nys salary threshold for the executive and administrative exemptions also increased january 1, 2024 to.
The new york state labor department approved new minimum salary thresholds for exempt executive and administrative. Employers should adjust their minimum exempt salary to $58,458.40 annually ($1,124.20 weekly) to reflect the increase that took effect january 1, 2024 in areas outside of new york city, westchester.
Ny Minimum Salary Exempt Threshold 2024 Images References :
