What is the minimum wage in NY for 2021?

What is the minimum wage in NY for 2021?

The Minimum Wage Act (Article 19 of the New York State Labor Law) requires that all employees in New York State receive at least $13.20 an hour beginning December 31, 2021. Minimum wage rates differ based on industry and region. Rates will increase each year until they reach $15.00 per hour.

What is NY minimum wage going up to in 2020?

Workers in New York City employed by businesses with 10 or fewer employees will continue to be paid a minimum wage rate of $15.00 per hour (same as the December 31, 2019 rate). Workers in Nassau, Suffolk, and Westchester Counties shall be paid a minimum wage rate of $15.00 per hour (up from $14.00).

What is minimum wage in upstate NY?

$13.20
SYRACUSE (TNS) — A 5.6% increase in the minimum wage takes effect Friday in Upstate New York. Minimum wage for Upstate workers will go from $12.50 an hour to $13.20, according to the state Labor Department. The change affects employees everywhere outside New York City, Long Island and Westchester County.

What is NYS minimum wage currently?

Under the New York State Minimum Wage Act, minimum wage rates in New York increase each year on December 31 until reaching $15.00 per hour. In New York City and for large fast-food companies throughout the state, the minimum wage has already reached its $15.00 maximum.

What will NY minimum wage be in 2023?

New York City: Increase the NYC minimum wage (which has not been raised since taking the final step to $15 on 12/31/19) to restore its eroded buying power. NYC minimum wage would increase to $17 in 2023, $18.80 in 2024, and $20.45 in 2025, and then adjust in subsequent years for cost of living and productivity.

Will NYS employees get a raise in 2022?

Background: Chapter 150 of the Laws of 2021, which implemented the 2019-2023 Agreement between the State of New York and PEF, provides for a salary increase of two percent (2.00%) for fiscal years 2022-2023 and includes the April 1, 2022 PEF Salary Schedule.

What state has the lowest salary?

Currently, 30 states and Washington D.C. have minimum wages above the federal minimum wage of $7.25 per hour. Five states have not adopted a state minimum wage: Alabama, Louisiana, Mississippi, South Carolina and Tennessee. Two states, Georgia and Wyoming, have a minimum wage below $7.25 per hour.

What will NYS minimum wage be in 2023?

1, 2023, with future increases to reach $17.95 in 2025. Upstate New York’s minimum wage would increase from $13.20 to $14.20 on Jan. 1, 2023, with future increases to reach $15.75 in 2025, followed by annual indexing. Low pay was the No.