Ny Minimum Salary Exempt Threshold 2024

Ny Minimum Salary Exempt Threshold 2024. These revisions to the fair labor standards act (flsa) will increase the minimum salary from the current amount of $35,568 to $43,888 ($844/week). 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.

If the historical salary basis threshold of 75 times the minimum wage remains the same, the 2024 exempt salary threshold for such employees in new york city, long island. Depending on where employees work, the exempt minimum salary for 2024 in new york can range from $1,124.20 weekly ($58,558.40.