15, 2023, new york amended its labor code to increase the salary threshold executive, administrative, and professional (eap) employees must meet to qualify for. The salary threshold then would update every three years based.
The standard eap salary threshold will rise from the current floor of $684 per week ($35,568 annually) to $844 per week ($43,888. The increased executive and administrative employee salary thresholds come as new yorkโs minimum wage rose on january 1, 2024, to $16 per hour for new york city and.
The Minimum Wage Increased On January 1, 2024 To $16.00 Per Hour In New York City, Westchester, And Long Island And To $15.00 Per Hour In All Other Counties In.
Effective march 13, 2024, the salary threshold for certain exemptions under article 6 of the new york labor law (nyll) will increase from $900 to $1,300 per week.
First, The Threshold Rises To $844 A Week ($43,888 Per Year).
To be exempt, administrative and executive employees must earn at least $1200 per week in new york city, long island and westchester county, and $1124.20 in the rest of new.
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Are Your Employees Still Exempt From Ot?
The minimum wage increased on january 1, 2024 to $16.00 per hour in new york city, westchester, and long island and to $15.00 per hour in all other counties in.
The Salary Threshold Then Would Update Every Three Years Based.
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.
