As 2017 quickly approaches, New York employers must prepare for scheduled minimum wage increases that will take effect December 31, 2016. Please note the following:
For New York City large employers (having eleven or more employees), the minimum wage rises to $11.00 per hour effective 12/31/16. For New York City small employers (having ten or less employees), the minimum wage increases to $10.50 per hour on 12/31/16. For workers in Nassau, Suffolk and Westchester Counties, the minimum wage increases to $10.00 on 12/31/16.
The Minimum Wage rates are scheduled to increase each year on 12/31 until they reach $15.00 per hour (and $10 tipped wage). The tipped minimum is set at two-thirds of the minimum wage rate in effect for each region, and that number is then rounded to the nearest five cents or seven dollars and fifty cents, whichever is higher. In New York City, Long Island and Westchester, the result is a frozen pre-tip wage at $7.50 for tipped workers effective 12/31/16.
Blog is provided by Ali Law Group, PC