Beginning December 31, 2013, New York’s minimum wage increased from $7.25 to $8.00 per hour. The minimum wage will continue to rise incrementally on an annual basis until December 31, 2015, as follows:
|
Effective Date for New
Minimum Wage Rates
|
Minimum Wage
|
|
December 31, 2013
|
$ 8.00
|
|
December 31, 2014
|
$ 8.75
|
|
December 31, 2015
|
$ 9.00
|
Equally important, the minimum salary amounts that must be paid to most New York employees who are exempt from New York’s minimum wage and overtime requirements as administrative or executive employees have increased or will increase as follows:
|
Effective Date for New
Minimum Salary Rates
|
Minimum Weekly Salary
|
|
December 31, 2013
|
$ 600.00
|
|
December 31, 2014
|
$ 656.25
|
|
December 31, 2015
|
$ 675.00
|
The increases in minimum wage affects the allowances for meals and lodging, tip credits, and uniform maintenance pay under the Minimum Wage Orders. The amended Minimum Wage Orders are available here.
Employers should review the compensation of their exempt and non-exempt employees in New York to ensure compliance with the new minimum wage and salary obligations.
