How much is minimum wage in new york city
As of December 31, 2022, the minimum wage in New York City is:
- $15.00 per hour for employers with 11 or more employees
- $14.50 per hour for employers with 10 or fewer employees
These rates apply to most employees in New York City, including those in the private sector, non-profit organizations, and government agencies. However, there are some exceptions and special rules that may apply to certain industries, such as tipped employees, student workers, and youth workers.
It's worth noting that the minimum wage in New York City is scheduled to increase annually based on the Consumer Price Index (CPI) to keep pace with inflation. The next scheduled increase is planned for December 31, 2023, when the minimum wage is expected to rise to:
- $16.00 per hour for employers with 11 or more employees
- $15.50 per hour for employers with 10 or fewer employees
You can check the New York State Department of Labor's website for the most up-to-date information on minimum wage rates in New York City and other parts of the state.