Increases to Begin by End of 2016

Under new legislation, the New York minimum wage is generally expected to rise as follows:

  • For workers in New York City employed by large businesses (those with at least 11 employees), the minimum wage is expected to rise to $11 at the end of 2016, then another $2 each year after, reaching $15 on December 31, 2018.
  • For workers in New York City employed by small businesses (those with 10 employees or fewer), the minimum wage is expected to rise to $10.50 by the end of 2016, then another $1.50 each year after,reaching $15 on December 31, 2019.
  • For workers in Nassau, Suffolk, and Westchester Counties, the minimum wage is expected to increase to $10 at the end of 2016, then $1 each year after, reaching $15 on December 31, 2021.
  • For workers in the rest of New York State, the minimum wage is expected to increase to $9.70 at the end of 2016, then another $0.70 each year after until reaching $12.50 on December 31, 2020—after which it will continue to increase to $15 on an indexed schedule.

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ORIGINALLY POSTED BY http://www.hr360.com

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