New York State Substantially Increases Salary Thresholds for Exempt EmployeesRobert N. Holtzman
Minimum Wage Increases:As of Jan. 1, 2023, the California state minimum wage will increase to $15.50 for all employers, regardless of employee headcount. This also means that as of Jan. 1, 2023, exempt employees in California must be paid a minimum annual salary of $64,480. "Living w...
Statewide Minimum Wage California’s minimum wage for all employers regardless of size increased to $15.50 per hour. Exempt Employee Minimum Salaries The minimum salary threshold for exempt employees increased to $1,240 per week ($64,480 per year) for employers regardless of their employee count....
The wage orders also include other increases, most notably an increase in the minimum weekly base salary of those classified as exempt executive, administrative, and professional employees. In New York City, Nassau, Suffolk, and Westchester counties, the minimum base weekly salary will increase ...
The DOL overtime rule, had it not been ruled invalid, would have meant changes to your employees’ classification—and your payroll. For example, employees who were recently considered exempt may have become newly nonexempt. Now, the July 1 increases to the salary threshold are void. Minimums...
Salary Threshold Increase The NYS Division of the Budgetproposedan increase of the salary basis threshold for executive and administrative employees to be classified as exempt, with an effective date of December 31, 2022. For employers in Upstate New York (outside New York City and...
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2 The new rule—which was set to take effect on December 1, 2016—would have more than doubled the minimum salary level for exempt employees from $455 per week ($23,660 annually) to $913 per week ($47,476 annually). As a practical matter, the impact of this decision by the Texas...
Some additional categories of exempt employees include: These exemptions may be broad, but they are not all-encompassing. Many employees are not-exempt under the FLSA or New York regulations. Why It Matters Both the FLSA and New York have regulations that may entitle you to minimum wage and ...
Wage and hour developments, including court decisions regarding the rounding of time records for non-exempt employees, the application of the “salary basis” test for white collar exemptions, and the payment of final wages upon furlough Discrimination, harassment and retaliation developments, including...