{"id":14673,"date":"2023-10-02T10:00:12","date_gmt":"2023-10-02T14:00:12","guid":{"rendered":"https:\/\/gtm.com\/business\/?p=14673"},"modified":"2023-10-02T10:00:12","modified_gmt":"2023-10-02T14:00:12","slug":"new-york-salary-threshold","status":"publish","type":"post","link":"https:\/\/gtm.com\/business\/new-york-salary-threshold\/","title":{"rendered":"New York To Increase Salary Threshold for White Collar Exemptions"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-14675\" src=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/2023\/10\/pexels-ivan-samkov-8127812.jpg\" alt=\"new york salary threshold\" width=\"1024\" height=\"683\" srcset=\"https:\/\/gtm.com\/business\/wp-content\/uploads\/2023\/10\/pexels-ivan-samkov-8127812.jpg 1024w, https:\/\/gtm.com\/business\/wp-content\/uploads\/2023\/10\/pexels-ivan-samkov-8127812-980x654.jpg 980w, https:\/\/gtm.com\/business\/wp-content\/uploads\/2023\/10\/pexels-ivan-samkov-8127812-480x320.jpg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/>On Sept. 15, 2023, <a href=\"https:\/\/nyassembly.gov\/leg\/?default_fld=%0D%0A&amp;leg_video=&amp;bn=sb+5572&amp;term=&amp;Summary=Y&amp;Actions=Y&amp;Text=Y\" target=\"_blank\" rel=\"noopener\">New York amended its Labor Code<\/a> to increase the salary threshold executive, administrative, and professional (EAP) employees must meet to qualify for the state\u2019s wage payment exemptions. Beginning March 13, 2024, EAP employees who earn less than $1,300 per week will be subject to the same wage payment protections as other nonexempt employees.<\/p>\n<h2 class=\"SubHeader\">Frequency of Payment<\/h2>\n<p>Clerical and other workers in New York \u2013 including EAP employees \u2013 must be paid at least semimonthly, on regular paydays designated in advice by their employers.<\/p>\n<h2>Direct Deposit<\/h2>\n<p>State law requires employers to obtain advance, written consent before directly paying or depositing employee net wages or salary in a bank or other financial institution. Beginning March 13, 2024, EAP employees are exempt from the advance, written consent request if they make at least $1,300 per week.<\/p>\n<h2>Benefits and Wage Supplements<\/h2>\n<p>Under state law \u201cbenefits or wage supplements\u201d include expense reimbursements, health, welfare and retirement benefits, and vacation, separation, or holiday pay. Employees must receive these benefits within 30 days of when they accrue unless they qualify for an exemption, such as the EAP exemption mentioned above.<\/p>\n<h2>Impact on Employers<\/h2>\n<p>Employers in New York should review their employee\u2019s classification status and determine which exempt employees will be affected when the salary threshold increases from $900 to $1,300 per week. Employers must be ready to comply with state wage payment requirements for nonexempt employees.<\/p>\n<p><em>\u00a9 2023 Zywave, Inc. All rights reserved.<\/em><\/p>\n<h2>Easily Integrate Salary Threshold Adjustments into Your Payroll<\/h2>\n<p>When labor laws require you to change your payroll, it can be a hassle if you&#8217;re using separate systems or doing it manually. isolved, <a href=\"https:\/\/gtm.com\/business\/what-we-offer\/human-capital-management\/\">GTM&#8217;s HCM platform<\/a>, allows you to quickly make adjustments that flow throughout the system, alerting relevant staff and seamlessly updating employee data. Download our brochure below or <a href=\"https:\/\/gtm.com\/business\/get-a-quote\/\">request a free quote<\/a> to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beginning March 13, 2024, certain employees in New York will need to earn at least $1,300 per week to be exempt from the state\u2019s wage payment requirements. Here&#8217;s what you need to know.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[232],"tags":[79,99,6,342],"post_folder":[],"class_list":["post-14673","post","type-post","status-publish","format-standard","hentry","category-gtm-biz-blog-isolved","tag-compliance","tag-exempt-employees","tag-new-york-employers","tag-salary-threshold"],"_links":{"self":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/14673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/comments?post=14673"}],"version-history":[{"count":5,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/14673\/revisions"}],"predecessor-version":[{"id":14679,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/posts\/14673\/revisions\/14679"}],"wp:attachment":[{"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/media?parent=14673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/categories?post=14673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/tags?post=14673"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/gtm.com\/business\/wp-json\/wp\/v2\/post_folder?post=14673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}