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Minimum wage florida 2018. Specifically the minimum annual salary for exempt employees for all new york city employers will be 58500 as of january 1 2020. Perform primary duty consisting of the management of the enterprise in which the individual is employed or of a customarily recognized department or subdivision thereof. The 2019 new york minimum wage and exempt status salaries are set to increase effective december 31 2018.
The minimum wage will continue to increase every year across new york state until it reaches 1500 per hour on december 31st 2020. The amount of the increases are determined by location within the state and by employer size. The last several years have seen successful efforts by employees and employee advocates to raise the minimum wage and salary thresholds for exempt employees throughout new york state.
As they have each year since 2016 the minimum wage and exempt salary threshold will increase for new york employers effective december 31 2019. Also the minimum salary for exempt employees in nassau suffolk and westchester counties will increase to 50700 on that date. The table below shows the current minimum wages in new york and their increases.
Wage orders published by the department of labor can modify the minimum wage rate for workers in certain industries. The new york minimum wage and exempt salaries are set to increase for 2019 starting 12312018. While these increases have been scheduled to gradually take effect over a number of years the onset of 2020 brings further increases throughout the state.
Currently new york state has no minimum salary for exempt professional employees but in order to be exempt from the minimum wage under the federal fair labor standards act flsa exempt professional employees must be paid 455 per week or 23660 annually. New york city large employers employees who work in new york city for fast food establishments and employers of 11 or more employees new york city large employers will reach 15 on december 31 2018. Ny labor law 6515c to qualify as an executive employee an employee must.
2019 new york minimum wage increases. The minimum salary for exemption as an administrative or executive employee increases from 975 per week 50700 annually to 1125 per week 58500 annually for new york city employers with 11. New york states annual threshold increases for overtime exemption and minimum wage go into effect on december 31 2018.
New york exempts bona fide executive employees from its minimum wage and overtime requirements.
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