2024 Minimum Wage Nys. The increased executive and administrative employee salary thresholds come as new york’s minimum wage rose on jan. 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.

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,. The new york state department of labor (nysdol) has issued proposed.