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On 4/4/2016, Governor Andrew Cuomo signed into law the 2016 to 2017 New York State Budget, which includes a gradual increase in the minimum wage to ultimately $15 per hour.  The effective dates of the minimum wage rates depend on where the employee works and the size of the employer.  The chart below summarizes the scheduled minimum wage increases.

 

Employee Location Employer Size Effective Date Minimum Wage Rate
New York City 11+ employees 12/31/2016 $11.00
12/31/2017 $13.00
12/31/2018 $15.00
10 or less employees 12/31/2016 $10.50
12/31/2017 $12.00
12/31/2018 $13.50
12/31/2019 $15.00
Nassau, Suffolk, and Westchester Counties All employers 12/31/2016 $10.00
12/31/2017 $11.00
12/31/2018 $12.00
12/31/2019 $13.00
12/31/2020 $14.00
12/31/2021 $15.00
Remainder of NY State All employers 12/31/2016 $9.70
12/31/2017 $10.40
12/31/2018 $11.10
12/31/2019 $11.80
12/31/2020 $12.50
The minimum wage will continue to increase to $15.00 on an indexed schedule to be set by the Director of the Division of Budget and the Department of Labor.

 

Additional Information

To access the text of the law, please refer to Part K of the 2016 to 2017 New York State Budget.

 

The information and materials on this blog are provided for informational purposes only and are not intended to constitute legal or tax advice. Information provided in this blog may not reflect the most current legal developments and may vary by jurisdiction. The content on this blog is for general informational purposes only and does not apply to any particular facts or circumstances. The use of this blog does not in any way establish an attorney-client relationship, nor should any such relationship be implied, and the contents do not constitute legal or tax advice. If you require legal or tax advice, please consult with a licensed attorney or tax professional in your jurisdiction. The contributing authors expressly disclaim all liability to any persons or entities with respect to any action or inaction based on the contents of this blog.

Bonnie Mangels – Bonnie is the Corporate Counsel and Senior Compliance Manager for Sequoia. When not inundated in paperwork and legal briefs, her interests include arts and crafts, bunnies, and the Bay Area.