In April, Governor Cuomo signed into law a major increase in the minimum wage paid by New York employers. The wage hike will be implemented incrementally starting at the end of 2016, with different rates of increase applicable depending on the size and location of the business, as follows:
For New York City employees working for companies with 11 or more employees:
$11 as of 12/31/16
$13 as of 12/31/17
$15 as of 12/31/18
For New York City employees employed by companies with 10 or fewer employees:
$10.50 as of 12/31/16
$12 as of 12/31/17
$13.50 as of 12/31/18
$15 as of 12/31/19
For employees in Nassau, Suffolk and Westchester Counties:
$10 as of 12/31/16
$11 as of 12/31/17
$12 as of 12/31/18
$13 as of 12/31/19
$14 as of 12/31/20
$15 as of 12/31/21
For workers elsewhere in New York State:
$9.70 as of 12/31/16
$10.40 as of 12/31/17
$11.10 as of 12/31/18
$11.80 as of 12/31/19
$12.50 as of 12/31/20
Indexed increases thereafter until reaching $15.
Stay up to date on the latest laws with Portnoy, Messinger, Pearl & Associates, Inc., by attending our Compliance Workshop Series. In addition to our staff of seasoned HR consultants, we also have a staff of experienced employment lawyers on hand to address any questions you may have regarding legal compliance. Contact us at 800-921-2195 or 516-921-3400. You can also e-mail us at info@pmpHR.com.
Comments