Minimum Wage 2024 Ny State Minimum Wage. The minimum wage also went into effect on. Several factors can affect your minimum wage, including the date, the.


Minimum Wage 2024 Ny State Minimum Wage

As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the state’s minimum wage through 2026, with indexing to inflation. 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 and 2026.

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