What Is The Nys Exempt Salary Threshold 2024. New york state department of labor nysdol finalized the salary thresholds for exempt employees that were proposed as a part of minimum wage order updates. The following is a comprehensive list of the 2024 exempt status salary threshold.
As a result of a change in the. Under the new rule, the total yearly.
New York Recently Raised The Minimum Salary Basis Thresholds For Executive And Administrative Employees In Order To Satisfy The Exemption From Overtime, Not To Be Confused With The.
The minimum wage increased on january 1, 2024 to $16.00 per hour in new york city, westchester, and long island and to $15.00 per hour in all other counties in.
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.
The following is a comprehensive list of the 2024 exempt status salary threshold.
What Is The Nys Exempt Salary Threshold 2024 Images References :
New York Increases Salary Threshold For Minimum Wage And Overtime Exemptions In October 2023, The New York State Department Of Labor Released.
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.
Department Of Labor Issued New Rules On April 23, 2024 Governing Minimum Salary Thresholds And Overtime Pay For Employees Across The Country.
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.