Nyc Exempt Salary Threshold 2024

Nyc Exempt Salary Threshold 2024. In new york city and long island to $1,200 per week or $62,400 annually; New york governor kathy hochul recently signed legislation ( s.b.


Nyc Exempt Salary Threshold 2024

Starting on july 1, 2024, employees must earn at least $844 per week ($43,888 annually) in order to qualify under the flsa’s exemption for executive,. The minimum salary required for exemption is two times the state minimum wage for the first 40 hours of employment each week.

And In The Rest Of New York.

New york governor kathy hochul recently signed legislation ( s.b.

Employers In New York Should Review Their Employee’s Classification Status And Determine Which Exempt Employees Will Be Affected When The Salary Threshold.

The exempt salary threshold, currently set at $58,500 per year ($1,125 per week) in new york city, long island, and westchester and $55,341 per year ($1,064.25.

Starting On July 1, 2024, Employees Must Earn At Least $844 Per Week ($43,888 Annually) In Order To Qualify Under The Flsa’s Exemption For Executive,.

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Proposed Changes To Salary Exemption Threshold.

As a result of a change in the.

Most Recently, The New York State Department Of Labor Set The Minimum Salary Thresholds For Executive And Administrative Workers At $62,400 Per Year ($1200.

New york state register increasing minimum salary thresholds for exempt executive and administrative employees to $1,200 per week for nyc and surrounding.

Then In Addition To The Minimum Wage Increase, The Nys Salary Threshold For The Executive And Administrative Exemptions Also Increased January 1, 2024 To.