Honor Laurene

Nyc Exempt Salary Threshold 2024. If those numbers hold true, the salary threshold for nyc, westchester, and long island would increase from $1,125 weekly (or $58,500 annually) to $1,200 weekly. New york is increasing the weekly salary threshold for exemption from state wage payment laws to $1,300 from $900, under a bill that will go into effect on march 13, 2024.

Employers should adjust their minimum exempt salary to $58,458.40 annually ($1,124.20 weekly) to reflect the increase that took effect january 1, 2024 in areas outside of new york city, westchester. Employers should review their pay practices to ensure compliance with these changes taking effect january 1, 2024.