WEBWIRE — Sunday, December 31, 2023
Starting January 1, New Yorks Minimum Wage Will Increase to $16-Per-Hour in New York City, Long Island, and Westchester County and $15-Per Hour in the Rest of the State
Part of Historic, Multi-Year Plan to Increase New Yorks Minimum Wage Through 2027 Then Index it to Inflation
Base Pay for Home Care Aides Will Also Increase to $18.55-Per-Hour in New York City, Long Island, and Westchester County and $17.55-Per-Hour in the Rest of the State
Base Pay Workers Who Do Not See Increase Reflected in Their Paychecks Are Encouraged to File a Wage Complaint With the New York State Department of Labor Here
Guv Kathy Hochul today advised New Yorkers that the states base pay will increase on January 1, 2024 as part of a historical, multi-year strategy to increase the base pay and index it to inflation. Per a contract in between Governor Hochul and the New York State Legislature, New Yorks base pay will increase to $16-per-hour hour in New York City, Westchester, and Long Island, and $15-per-hour in the remainder of the state. Furthermore, the base pay for home care assistants will increase to $18.55 an hour in New York City, Westchester, and Long Island and $17.55 an hour in counties in upstate New York. Raising New Yorks base pay to equal inflation will benefit numerous countless base pay employees throughout the state.
New Yorks historical base pay boost will assist to guarantee that New Yorkers can continue to equal increasing expenses, Guv Hochul stated. Beginning January 1, base pay employees who do not see the boost shown in their incomes are prompted to submit a grievance with the Department of Labor to ensure that they get the incomes they are owed.
New York City State Department of Labor Commissioner Roberta Reardon stated, The elevation of the base pay works as lifeline for New Yorkers having a hard time to make ends satisfy as expenses increase. Constant, multi-year modifications permit services time to change while supplying low-wage employees the capability to much better assistance themselves and their households.
As part of the FY 2024 Budget, Governor Hochul protected a historical arrangement to increase New Yorks base pay through 2026 and index it to inflation starting in 2027. After the preliminary boost, the base pay will increase by $0.50 in 2025 and 2026. In 2027, the base pay will increase yearly at a rate identified by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the Northeast Region the very best local step of inflation. An off-ramp is readily available in case of specific financial or budget plan conditions.
The base pay boosts for the next 3 years are revealed listed below:
Reliable Date New York City City, Long Island, and Remainder of New
Westchester County York State
Present 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
Indexing the base pay to inflation will assist to preserve the buying power of employees earnings from year to year. Increasing the base pay general extremely advantages low-income employees, especially females and individuals of color who consist of an out of proportion share of base pay employees.
Eighteen other states either presently connect their base pay to inflation or some other financial formula or are slated to do so, consisting of 3 states which have minimum salaries at or above $15 in 2023. Financial research study reveals that raising the base pay can result in decreases in hardship, decreased social help costs, stimulative costs, enhanced employee performance, and other advantages.
The New York State Department of Labor is carrying out a public awareness effort to advise New Yorkers about the base pay boost and motivate base pay employees to report missing out on incomes. That effort will consist of digital outreach through social networks, newsletters, and e-mail interactions and direct outreach to disperse informative leaflets with partnering companies.
Base pay earners who do not see the boost shown in their incomes can submit a wage problem on the New York State Department of Labors site or by calling 833-910-4378. To learn more about NYSDOLs efforts to fight wage theft, check out the Departments landing page
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