Ny State Exempt Salary Threshold 2024. — the new york state department of labor (nydol) announced an increase in the minimum salary requirements for exempt executive and administrative employees. — the minimum salary required for exemption is two times the state minimum wage for the first 40 hours of employment each week.
— separately, the new york legislature amended the new york labor law (nyll) to increase the salary threshold for exemptions from pay frequency laws for. — this includes the new salary threshold of $990 per week ($51,480 when annualized) in effect as of december 31, 2021.
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