Salary Minimum Wage 2024 Shrm Nyc. 1, 2024, the minimum hourly wage will increase from $15.00 to $16.00 in new york city and nassau, suffolk, and westchester counties, and from $14.20 to. Salary increases for the year are coming in lower than employers projected back in fall 2023, indicating that pay raises look to be trending downward after years of substantial.

31, 2023, the new minimums are $1,200 per week in new york city and nassau, suffolk and westchester counties, and $1,124.20 per week for the rest of the state. The next nys minimum wage increase is effective january 1, 2025, and increases to $16.50 per hour in nyc, long island, and westchester county and $15.50 per hour for employers in the rest of the state.