Nys Minimum Wage 2024. 1, according to the state labor department. Kathy hochul signed legislation into law increasing new york's minimum wage for most employees beginning january 1, 2024,.

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. Starting january 1, 2024, 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.