Beginning December 31, 2018, the required minimum salary levels for executive and administrative employees to qualify as overtime exempt in New York State will increase (New York does not have a minimum salary level for professional employees although most of these employees would still be subject to the federal salary minimum for exemption which is $455 per week). The new salary levels are as follows:
Employers Outside of New York City, Nassau, Suffolk, and Westchester Counties
• $832.00 per week on and after 12/31/18;
Employers in New York City
“Large” employers (11 or more employees)
• $1,125.00 per week on and after 12/31/18
“Small” employers (10 or fewer employees)
• $1,012.50 per week on and after 12/31/18;
Employers in Nassau, Suffolk, and Westchester Counties
• $900.00 per week on and after 12/31/18;
The New York State minimum wage will also increase on December 31, 2018. From 12/31/2018 through 12/30/2019, the basic minimum wage is $11.10 per hour in most of New York State. There are different minimum wage rates for: the fast food industry, Long Island, Westchester County, and large and small employers in New York City. Please see the following chart for guidelines:
| General Minimum Wage Rate Schedule | ||||||
| Location |
12/31/18 |
12/31/19 |
12/31/20 |
|||
| NYC – Large Employers (11 or more employees) |
$15.00 |
|||||
| NYC – Small Employers (10 or less employees) |
$13.50 |
$15.00 |
||||
| Long Island & Westchester |
$12.00 |
$13.00 |
$14.00 |
|||
| Remainder of New York State |
$11.10 |
$11.80 |
$12.50 |
|||
Employers must post a Minimum Wage Information poster in their establishment.
Please contact our Director of Human Resources, Caroline Organ, at cmo@bspcpa.com or 716-854-5034 with any questions.