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Minimum Wage Ny 2024 Poster 2024. On may 3, 2023, governor kathy hochul signed the new york state 2024 budget agreement into law, which contained increases to the state's minimum wage,. The dynamics of minimum wage in new york vary significantly across different regions and are especially nuanced for tipped employees in the hospitality.

New york minimum wage law update. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027.