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NY Minimum Wage Rises by 50 Cents on January 1

Minimum Wage Concept

Photo: Getty Images

New York's minimum wage will increase by 50 cents per hour starting January 1, 2024. Governor Kathy Hochul announced that the wage will rise to $16.50 per hour in New York City, Westchester, and Long Island, while the rest of the state will see an increase to $15.50 per hour. This change is part of a multi-year plan to adjust the minimum wage and eventually index it to inflation.

The wage increase aims to help workers cope with rising costs and reduce the risk of wage theft. Governor Hochul emphasized the importance of the increase, stating, "New York’s historic minimum wage increase will help to ensure that New Yorkers can continue to keep pace with rising costs." According to the Governor's office, the minimum wage for home care aides will also rise to $18.55 per hour in New York City, Westchester, and Long Island, and $17.55 per hour in upstate counties.

The New York State Department of Labor is conducting a public awareness campaign to inform workers about the wage increase and encourage them to report any discrepancies in their paychecks. The department provides resources for filing wage complaints through its website or by calling 833-910-4378.

This wage increase is part of a broader strategy to support low-income workers, with further increases planned for 2025 and 2026. In 2027, the minimum wage will be indexed to inflation, ensuring it keeps pace with the cost of living.


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