Ny Minimum Wage 2024 Projection Settings. Download, graph, and track economic data. On may 3, 2023, governor kathy hochul signed the new york state 2024 budget agreement into law, which contained increases to the state's minimum wage, effective on.
Employers should adjust their minimum exempt salary to. We estimate that the resulting increases in the state minimum wage would lift wages for more than 2 million new yorkers through 2026.