Ny Flsa Salary Threshold 2024. $1,161.65 per week ($60,405.80 per year) starting january 1, 2025. The rule increases the minimum salary threshold to qualify for the white collar or executive, administrative, and professional employee exemptions to overtime.
The fair labor standards act (flsa) requires that executive, administrative and professional positions meet a salary threshold (in addition to duties tests), to be. New york governor kathy hochul recently signed legislation that, effective march 13, 2024, will change the salary threshold governing various exemptions under.
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.
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.
The Rule Will Also Increase The Total Annual Compensation Requirement For Highly Compensated Employees (Who Are Not Entitled To Overtime Pay Under The Flsa If Certain.
For 2024, the minimum wage in new york city, westchester and long island will be $16 per hour.
Effective January 1, 2024, The Salary Threshold Increases:
Images References :
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.
The nydol has set yearly increases to those thresholds for the next three years starting in 2024 as follows:
In The Rest Of The State, The Minimum Wage Will Increase To $15 Per.
The salary threshold would increase from the current $684 per week ($35,568 per year) to $1,059 per week ($55,068 per year)—a 55% increase from the.