Proposed changes to salary exemption threshold. The new york state labor department approved new minimum salary thresholds for exempt executive and administrative workers for the next three years.
Proposed changes to salary exemption threshold. To be an exempt executive or administrative employee under new york law, the employee must be paid on a salary.
The New York State Labor Department Approved New Minimum Salary Thresholds For Exempt Executive And Administrative Workers For The Next Three Years.
As a result of the new minimum wage, the state has proposed increasing the minimum salary requirement for the executive and administrative exemptions to $1,200.
The New York State Labor Department Approved New Minimum Salary Thresholds For Exempt Executive And Administrative Workers For The Next Three Years.
Then in addition to the minimum wage increase, the nys salary threshold for the executive and administrative exemptions also increased january 1, 2024 to.
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New York State Department Of Labor Nysdol Finalized The Salary Thresholds For Exempt Employees That Were Proposed As A Part Of Minimum Wage.
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.
The New York State Labor Department Approved New Minimum Salary Thresholds For Exempt Executive And Administrative Workers For The Next Three Years.
Employers in new york should review their employee’s classification status and determine which exempt employees will be affected when the salary threshold.