The New York State Division of Labor has set the minimal wage for exempt staff at $684 per week, or $35,568 per yr, efficient December 31, 2023. This wage degree is used to find out whether or not an worker is eligible for additional time pay underneath the Truthful Labor Requirements Act (FLSA). Workers who’re categorised as exempt aren’t entitled to additional time pay, whatever the variety of hours they work.
There are a selection of things that decide whether or not an worker is exempt from additional time pay, together with the worker’s job duties, wage, and the scale of the employer’s enterprise. With the intention to be exempt, an worker should meet the entire following standards: