New York State Minimum Wage to Increase on December 31, 2013

The first of three increases to the New York State minimum wage will take effect on December 31, 2013.  The minimum wage will increase to $8.00 per hour on December 31, 2013; $8.75 per hour on December 31, 2014; and $9.00 per hour on December 31, 2015.   Currently, the minimum wage under the federal Fair Labor Standards Act (“FLSA”) is $7.25 per hour.  Employers in New York, however, will be required to pay more than the federal minimum wage in order to comply with New York law and the FLSA.  The United States Department of Labor provides a helpful map setting forth the minimum wage in all states and jurisdictions.

In addition, effective December 31, 2013, employers will be required to pay executive and administrative employees at least $600 per week, in order for such employees to still be deemed exempt from New York’s overtime pay requirements.  Thereafter, the salary to be paid will need to increase to $656.25 on December 31, 2014, and to $675 on December 31, 2015.

You can contact Gangemi P.C. for additional information or guidance concerning these and other changes to federal and New York State overtime and minimum wage requirements.