Minimum Wage 2024 Increase Nyc. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027. As part of a budget deal signed by gov.


Minimum Wage 2024 Increase Nyc

Starting january 1, 2024, new york’s minimum wage will increase to $16 per hour in new york city, westchester and long island, and $15 per hour for the rest of the state. For example, in the case of the raise up ny proposal in 2024, a worker with baseline wage of $14.5 receives $2.25, while a worker with.

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