Nyc Minimum Salary For Exempt Employees 2024

Nyc Minimum Salary For Exempt Employees 2024. Once approved, employers must ensure that they comply with the increased minimum wage and salary threshold by january 1, 2024. Effective march 13, 2024, the salary threshold for certain exemptions under article 6 of the new york labor law (nyll) will increase from $900 to $1,300 per week.


Nyc Minimum Salary For Exempt Employees 2024

The minimum salary required for exemption is two times the state minimum wage for the first 40 hours of employment each week. As of january 1, 2024, the following minimum salaries must be paid for exempt administrative and executive employees:

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