- New York City: $825 per week ($42,900 annually) for employers with 11 or more employees ("large employers"); this amount will increase annually until it reaches $1,125 per week ($58,500) on December 31, 2018 for large employers and December 31, 2019 for employers with 10 or fewer employees.
- Nassau, Suffolk, and Westchester counties: $750 per week ($39,000 annually); this amount will increase annually until it reaches $1,125 per week ($58,500) on December 31, 2021.
- Other parts of New York: $727.50 per week ($37,830 annually); this amount will increase annually until it reaches $937.50 per week ($48,750 annually) on December 31, 2020.
This raises pay from the former NYSDOL rates of $675 per week ($35,100 per year).
A complete chart of the new rates can be found
. A new set of FAQs from NYSDOL can be found
Executive and administrative employees who are currently paid less than the new salary threshold (based on number of employees and location) can either: a) increase those salaries to the new minimum beginning with the paycheck or direct deposit covering December 31, 2016; or b) convert exempt employees earning less than the new salary threshold to non-exempt (and therefore eligible for overtime) beginning with the first day of the workweek in which December 31 falls.
NPCC will have more information about this change in the new year. As well, NPCC - in partnership with
Lawyers Alliance of New York
- created an Overtime Regulations Flowchart to provide guidance on the federal regulations. We will keep you posted on new developments as they come.
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