Nys Minimum Wage Increase 2020, 2020 Federal And State Minimum Wage Rates

New york state wages are expected to continue to grow amid a tight labor market.

What is minimum wage in california los angeles. Andrew cuomo speaks during a rally to raise the minimum wage on thursday feb. In new york city it is now 1500 per hour for all size businesses. 2020 saw the ny min wage increase in most areas of new york from 1110 to 1180 per hour this increase had been planned for a number of years and 2021 will see another increase to the new york minimum wage as part of the 2016 2017 state budget that was agreed.

After the increase to 1250 per hour on december 31 2020 the minimum wage for upstate workers will continue to increase according to an indexed schedule the director of the division of budget in consultation with the new york department of labor will set until the minimum wage reaches 1500 per hour. New yorks minimum wage rate as of f 2020 is 1180 per hour. The minimum wage act article 19 of the new york state labor law requires that all employees in new york state receive at least 1180 an hour beginning december 31 2019.

In new york city employers with 11 or more employees as well as fast food establishments reached the 15 minimum wage last year while other types of employers throughout. A full time minimum wage worker in new york working will earn 47200 per week or 2454400 per year. The minimum wage increases were enacted as part of the 2016 2017 state budget which included a plan to gradually implement a 15 minimum wage throughout new york state.

Future new york state minimum wage increases. The following year on december 31 2021 it will increase again to an amount that will be announced by october 1 2021. Minimum wage will rise to 15 in new york city 13 in long island and westchester and 1180 in all other parts of the state.

The new york state minimum wage increased on december 31 2019. Minimum wage rates differ based on industry and region. Posted dec 31 2019 new york gov.

The number of minimum wage workers is projected to rise to about 15 million in 2020 comprising 164 percent of the workforce suggesting that well over one million new york state workers will have likely benefitted from the states rising minimum wage since 2013. On december 31 2020 the new york state minimum wage will rise to 1250 per hour. In nassau suffolk and westchester counties it is 1300 per hour.

New york minimum wage 2020. Fast food industry workers in nyc 1500. There will be a rise in new york state minimum wage following the rate increase schedule established in 2016.