Exempt Salary Threshold 2024 Nyc. On december 27, the new york state department of labor. As of january 1, 2024, the following minimum salaries must be paid for exempt administrative and executive employees:
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. On july 1, 2024, that will increase to $132,964, and then to $151,164 on january 1, 2025.
1, 2025, The Rule’s New Methodology Takes Effect, Resulting In The Additional Increase.
Coming on march 13, the salary thresholds for exemptions from pay frequency laws will jump from $900 per week to $1,300 per week.
19, 2023, 12:04 Pm Pdt.
The following is a comprehensive list of the 2024 exempt status salary threshold by city and state.
Salary Thresholds For Overtime Exemptions
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The Following Is A Comprehensive List Of The 2024 Exempt Status Salary Threshold By City And State.
The current salary basis threshold for the administrative and executive exemptions in new york is $675 ($35,100 annually) per week throughout the state.
The Minimum Wage Rate For New York City Employers Remains $15 Per Hour For All Employers.
(new york has no salary basis or salary minimum requirement.
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