New York State Minimum Salary 2025. After the initial increase, the minimum wage will increase by $0.50 in 2025 and 2026. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation.
Minor language updates and incorporating. For workers in other parts of new york state, the minimum wage is $13.20 and set to increase every year on december 31 until it reaches $15.00 per hour.
New York State's Minimum Wage.
The rest of new york state (areas outside.
$1,275 Per Week ($66,300 Per Year) On Jan.
Pursuant to legislation signed by new york governor kathy hochul, new york’s minimum wage will gradually increase through 2026 to $17/hour in new york.
Find Out More Information About The Statewide Minimum Wage Increases And What To Expect.
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Minimum Wage Rates In New York State Will Be Raised Incrementally Each Year, On January 1, Until The Minimum Wage Reaches $17 Per Hour In New York City,.
On may 3, 2023, governor hochul signed these changes into law.
In 2027, The Minimum Wage Will Increase Annually At A Rate Determined By The.
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