Salary Minimum Wage 2024 Nyc Ny. Following the initial increase, minimum wage will see incremental raises of $0.50 in both 2025 and 2026. As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the state's minimum wage through 2026, with indexing to inflation starting in 2027.

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. Effective january 1, 2024, the minimum wage will increase to $16 per hour in new york city and nassau, suffolk, and westchester counties, and to $15 per hour in.