The Working Paper - June 2013: New York State Raises Minimum Wage

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As the result of legislation signed by Governor Andrew M. Cuomo on March 29, 2013, the minimum wage in New York State will increase from $7.25 to $9.00 per hour over three years. The minimum wage will increase as follows:
• $8.00 per hour on and after December 31, 2013;
• $8.75 per hour on and after December 31, 2014; and
• $9.00 per hour on and after December 31, 2015.
The legislation increasing the minimum wage also contains a provision that provides a tax credit for employers that hire students between the ages of 16 and 19. The legislation does not increase the minimum wage for food service and/or other tipped employees. The current minimum wage for food service workers is $5.00 per hour and credit for tips must not exceed $2.75 per hour, provided that the total of tips received and wages equals or exceeds $7.25. The current minimum wage for other tipped service employees not working at a resort hotel is $5.65 per hour and credit for tips must not exceed $1.60 per hour, provided that the total of tips received and wages equals or exceeds $7.25 per hour. However, the legislation permits the Wage Board to start discussions on increases for tipped employees.