Ny State Minimum Wage 2024 Exempt. Pursuant to legislation signed by new york governor kathy hochul, new york’s minimum wage will gradually increase through 2026 to $17/hour in new york. Beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual increases in 2025.

Starting january 1, 2024, minimum wage will rise to $16 per hour in new york city and select counties (nassau, suffolk, and westchester), and $15 per. They have also released regulations for.