Salary Minimum Wage 2024 Ny Times. Social security benefits to climb 2.5% in 2025. 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.
The minimum salary for exemption as an executive or administrative employee increases to $1,200 per week ($62,400 annualized) in new york city, nassau, suffolk, and westchester. When new york cityโs minimum wage first reached $15 nearly four years ago, new york was at the forefront of the movement to raise living standards for workers.
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