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April 21, 2016

New York's New Minimum Wage Law

Employers in New York State will see minimum wage increases implemented on a regional basis at the end of 2016. Currently, the minimum wage in New York is $9.00 per hour.

Under the new law, New York City employers with at least 11 employees will see the minimum wage increase to $11.00 at the end of 2016. Then, $2.00 increases will go into effect in each of the next two years, with the minimum wage in New York City reaching $15.00 at the end of 2018. New York City employers with fewer than 11 employees will see the minimum wage go to $10.50 at the end of 2016 and rise another $1.50 each year for three years, reaching $15.00 at the end of 2019.

To read more Click Here.

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