New York To Increase Minimum Wage Dec 31

Employers - mark your calendars!  New York Governor Andrew Cuomo approved the budget that included raising the state's minimum wage to $9.00 over the next three years.   The $7.25 New York minimum wage was previously the same as the federal minimum wage.  The increases are scheduled as follows:

December 31, 2013:  $8.00/hour
December 31, 2014:  $8.75/hour
December 31, 2015:  $9.00/hour

Employers in New York who pay minimum wage to employees (other than in tipped and other specified industry positions), or who are required to make certain payments that are tied to the minimum wage must make sure that the new obligations are met.  Please mark your calendars and have your payroll systems updated!

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