Minimum Wage Ny 2024 Impact On Education

Minimum Wage Ny 2024 Impact On Education.  — employers should adjust their minimum exempt salary to $58,458.40 annually ($1,124.20 weekly) to reflect the increase that took effect january 1, 2024 in areas. These rates are in effect from january 1, 2024 through december 31, 2024.

And the increase won’t stop in. To more clearly shape our perspective and understand the impact for higher education of a possible minimum wage increase, this brief includes a short history of federal minimum wage increases and the views of.