Exempt Salary Threshold 2024 Nys

Exempt Salary Threshold 2024 Nys. Salary threshold for exempt employees (2022) along with the increase to the minimum wage, the amounts that employers can deduct from employees' wages for items. New york recently raised the minimum salary basis thresholds for executive and administrative employees in order to satisfy the exemption from overtime, not to be confused.

Similarly, the exempt salary threshold for the remainder of the state would increase in 2024 from $1,064.25 weekly (or $55,341 annually) to $1,124 weekly (or $58,500 annually). Effective march 13, 2024, the salary threshold for certain exemptions under article 6 of the new york labor law (nyll) will increase from $900 to $1,300 per week.