Pursuant to legislation signed by New York Governor Kathy Hochul, New York’s minimum wage will gradually increase through 2026 to $17/hour in New York City, Long Island, and Westchester County and $16/hour for the remainder of New York State. Beginning in 2027, annual minimum wage increases will be tied to inflation.
Governor Hochul signed on May 3, 2023 state budget legislation that will incrementally increase the minimum wage statewide. As with the current state minimum wages, the minimum wage will differ depending on whether an employee is employed in one of two regions: (a) “downstate” New York, consisting of New York City (New York, Kings, Queens, Bronx, and Richmond counties), Long Island (Nassau and Suffolk counties), or Westchester County; or (b) the remainder of New York State. The minimum wage will increase as follows:
| Effective Date | New York City, Long Island, and Westchester County | Remainder of New York State |
| Current Minimum Wage | $15/hour | $14.20/hour |
| January 1, 2024 | $16/hour | $15/hour |
| January 1, 2025 | $16.50/hour | $15.50/hour |
| January 1, 2026 | $17/hour | $16/hour |
Starting January 1, 2027, the state minimum wage rates will (1) be set annually by the New York State Department of Labor (NYS DOL) and (2) be published no later than October 1 of each year, with the new rate to take effect on January 1 of the following year. Pursuant to the new law, annual increases will be tied to inflation, as measured by the consumer price index...
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