New York State Minimum Wage 2024 Poster. Since the new york minimum wage will increase annually, it’s imperative for businesses. Effective january 1, 2021 the new york minimum wage increased to $12.50 per hour.
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 increases in 2025. In december 2023, the new york state department of labor set forth increased minimum wage rates effective january 1, 2024.
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