NY set to raise minimum wage in 2024

The Empire State is set to raise the minimum wages in 2024, and is taking the steps to ensure that workers across New York are aware of the new standard. . On January 1, per an agreement between Governor Hochul and the New York State Legislature, New York’s minimum wage will increase to $16-per-hour in New York City, Westchester, and Long Island, and $15-per-hour for the rest of the state. This week marks the start of a statewide pub- lic awareness effort to ensure that New Yorkers earning minimum wage receive that increase when it takes effect 2024. Governor Hochul has stated that the new standard is intended to help low paid workers meet the rising cost of living that has been fueled by inflation. This would benefit hundreds of thousands of minimum wage workers across the state.

“On January 1, we are lifting New York’s minimum wage to help hardworking New Yorkers keep up with rising costs and continue supporting their families,” Governor Hochul said. “If you are a minimum wage worker and you don’t see this increase in your paycheck next year, I urge you to file a wage complaint with the Department of Labor to make sure that you are getting the wage increase you deserve.”

As part of the FY 2024 Budget, Governor Hochul secured an historic agreement to increase New York’s minimum wage through 2026 and index it to inflation beginning in 2027. After the initial increase, the minimum wage will increase by $0.50 in 2025 and 2026. In 2027, the minimum wage will increase annually at a rate determined by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the Northeast Region – the best regional measure of inflation.

The New York State Department of Labor will begin a public awareness effort to remind New Yorkers about the minimum wage increase and encourage minimum wage workers to report miss- ing wages. That effort will include digital outreach via social media, newsletters, and e-mail communications and direct outreach to distribute informational flyers with partnering organizations.

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