Ny Minimum Wage 2024 Exemptions. The minimum salary for exemption as an executive or administrative employee increases to $1,200 per week ($62,400 annualized) in new york city,. On september 15, 2023, new york governor kathy hochul signed legislation ( s.b.

Effective march 13, 2024, the salary threshold for certain exemptions under article 6 of the new york labor law (nyll) will increase from $900 to $1,300 per week. The federal minimum wage in the u.s.