Ny Flsa Salary Threshold 2024. And in the rest of new york state to $1,124.20 per week or $58,458.40 annually. This adjustment in salary thresholds for executive and administrative employees aligns with the increase in new york’s minimum wage on january 1, 2024, reaching $16 per hour for new york city and the remainder of downstate, and $15 per hour for the rest of the state.
Salary thresholds for overtime exemptions Effective july 1, 2024, the flsa salary threshold will increase to $43,888, and to $58, 656 ($1128 per week) effective january 1, 2025.
Effective March 13, 2024, The Salary Threshold For Certain Exemptions Under Article 6 Of The New York Labor Law (Nyll) Will Increase.
Effective july 1, 2024, the flsa salary threshold will increase to $43,888, and to $58, 656 ($1128 per week) effective january 1, 2025.
A Reminder That The Professional Exemption Is Not Covered By The Nys Salary Threshold And Would Therefore Defer To The Federal Flsa Salary Threshold, Currently $684 Per Week ($35,568 When Annualized).
And in the rest of new york state to $1,124.20 per week or $58,458.40 annually.
This Adjustment In Salary Thresholds For Executive And Administrative Employees Aligns With The Increase In New York’s Minimum Wage On January 1, 2024, Reaching $16 Per Hour For New York City And The Remainder Of Downstate, And $15 Per Hour For The Rest Of The State.
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For The Remaining Nys Public Sector Employees, The Minimum Salary Is That Set By The Flsa.
Effective july 1, 2024, the flsa salary threshold will increase to $43,888, and to $58, 656 ($1128 per week) effective january 1, 2025.
$844 Per Week ($43,888) Annually.
The flsa’s minimum salary requirement is set to remain the same to start 2024, but the united states department of labor (dol) has published a proposed rule that would increase the minimum salary requirement sometime in 2024 (see below).