Nys Minimum Wage 2024 Salary Exempt. The minimum salary for employees exempt from minimum wage and overtime requirements in 2024 will be either $62,400/year (downstate counties) or $58,458.40/year. Employers should review their pay practices to ensure compliance with these changes taking effect january 1, 2024.
As previously reported here, the new york department. Beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual.