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Monday
Aug052024

What's New? 2025 Increase to NY Minimum Wage

DateMonday, August 5, 2024 at 9:43AM by AuthorBanking Spectrum

The minimum wage in New York State is scheduled to increase by 50 cents in 2025.

The raise is set to take effect on Jan. 1, according to the State Labor Department. The increase will bring the minimum wage to $16.50 an hour in New York City, Westchester County and on Long Island. In the rest of the state, including Upstate New York, the new minimum wage will be $15.50 an hour. See more in The Gold Book under New York Minimum Wage.

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