518-373-4111
Many employers are doing their 2017 budget planning now, and something many businesses will need to take into account are the upcoming minimum wage increases in New York which take effect on December 31 of this year. New York’s minimum wage schedule is segmented by region: New York City, some downstate counties, and the remainder of the state. There are also separate changes that affect the fast food industry.
New York City – 10 or More Employees
The minimum wage for businesses with 10 or more employees in New York City will be $11, with a $16.50 overtime rate. For businesses with tipped employees, the cash wage rate will be $7.50 with a $13 overtime rate. The tip credit will be $3.50.
New York City – Under 10 Employees
The minimum wage for businesses with under 10 employees in New York City will be $10.50, with a $15.75 overtime rate. For businesses with tipped employees, the cash wage rate will be $7.50 with a $12.75 overtime rate. The tip credit will be $3.00.
Nassau, Suffolk, and Westchester Counties
The minimum wage for businesses in these counties will be $10.00, with a $15 overtime rate. For businesses with tipped employees, the cash wage rate will be $7.50 with a $12.50 overtime rate. The tip credit will be $2.50.
Remainder of New York State
The minimum wage for businesses outside of New York City or Nassau, Suffolk, and Westchester counties will be $9.70, with a $14.55 overtime rate. For businesses with tipped employees, the cash wage rate will be $7.50 with a $12.35 overtime rate. The tip credit will be $2.20.
Fast Food Establishments
For those businesses falling under the Fast Food Wage Order of 2015, the minimum wage for those employees will increase to:
- $12 in New York City
- $10.75 in the rest of New York State
Businesses must comply with these and all wage an hour laws. GTM can help – contact us at (518) 373-4111 to learn how.
