Ny Minimum Salary Exempt Threshold 2024. The new york state labor department approved new minimum salary thresholds for exempt executive and administrative workers for the next three years. 5572) that, effective march 13, 2024, will change the salary threshold governing various exemptions.
Salary threshold for exempt employees (2022) along with the increase to the minimum wage, the amounts that employers can deduct from employees’ wages for items. If those numbers hold true, the salary threshold for nyc, westchester, and long island would increase from $1,125 weekly (or $58,500 annually) to $1,200 weekly (or $62,400.
