Ny Minimum Salary Exempt Threshold 2024

Ny Minimum Salary Exempt Threshold 2024. 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 areas outside of new york city, westchester county, and long island. Proposed changes to salary exemption threshold.

The new york state department of labor has included new weekly minimum salaries in its proposed regulations, under such proposed regulations, the new york state salary threshold for exempt employees would increase. The minimum salary for exemption as an executive or administrative employee increases to $1,200 per week ($62,400 annualized) in new york city, nassau, suffolk, and westchester counties and to $1,124.20 per week ($58,458.40 annualized) elsewhere in the state.