Minimum Wage Ny 2024 Impact

Minimum Wage Ny 2024 Impact. Next year, on april 1, 2025, according to the regulations, the. 1, according to the state labor department.

1, the minimum wage in new york city, long island and westchester county will increase from $15 to $16 an hour and from $14.20 to $15. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027.