Nys Minimum Wage 2024 Salary Exempt. Nys minimum salary for exempt employees 2024. 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.
It is critical to note that the modified salary threshold for the above wage protections is separate and distinct from those. If the historical salary basis threshold of 75 times the minimum wage remains the same, the 2024 exempt salary threshold for such employees in new york city, long.