Salary Minimum Wage 2024 Ny State. Hourly minimum wage for new york and neighboring states in 2024. Ny minimum wage rising to $15 upstate, $16 in nyc in 2024.
On may 3, 2023, governor kathy hochul signed the new york state 2024 budget agreement into law, which contained increases to the state’s minimum wage, effective on january 1, 2024. Similarly, the exempt salary threshold for the remainder of the state would increase in 2024 from $1,064.25 weekly (or $55,341 annually) to $1,124 weekly (or $58,500 annually).
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