New York Minimum Wage Increases—What You Need to Know
Currently, every employer in New York must pay its employees at least $9.00/hour. The current minimum wage rate is higher for “fast food” workers
($9.75/hour in upstate New York).
Earlier this year, New York Governor Andrew Cuomo approved legislation to implement scheduled wage hikes that will eventually raise our minimum wage to $15.00/hour over a period of years. The amount and pace of the increase will vary.
For employers in upstate New York, minimum wage increases will be implemented as follows:
- December 31, 2016–$9.70/hour
- December 31, 2017–$10.40/hour
- December 31, 2018–$11.10/hour
- December 31, 2019–$11.80/hour
- December 31, 2020–$12.50/hour
When determining the amount of the increase, the public officials responsible will consider a number of factors, including indices concerning the rate of inflation, the rate of state personal income growth, and wage growth. Minimum wage increases will cap out at $15.00 per hour statewide.
For information from the New York State Department of Labor, visit http://labor.ny.gov/workerprotection/laborstandards/workprot/minwage.shtm
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