New york is increasing the weekly salary threshold for exemption from state wage payment laws to $1,300 from $900, under a bill that will go into effect on march 13, 2024. $684 per week (equivalent to $35,568 per year) $107,432 per year, including at least.
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. A reminder that the professional.
If Those Numbers Hold True, The Salary Threshold For Nyc, Westchester, And Long Island Would Increase From $1,125 Weekly (Or $58,500 Annually) To $1,200 Weekly.
Then in addition to the minimum wage increase, the nys salary threshold for the executive and administrative exemptions also increased january 1, 2024 to.
New York State Exempt Salary Threshold 2024.
A reminder that the professional.
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Employers In New York Should Review Their Employee’s Classification Status And Determine Which Exempt Employees Will Be Affected When The Salary Threshold.
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.
Separately, The New York Legislature Amended The New York Labor Law (Nyll) To Increase The Salary Threshold For Exemptions From Pay Frequency Laws For.
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.