New York state to hike overtime thresholds starting Jan. 1
New Overtime Thresholds Set to Increase in New York State
New York state is preparing to raise its overtime thresholds for certain salaried employees as of January 1st.
According to the state Department of Labor, employees in New York City, Long Island, and Westchester County must now earn at least $1,275 a week, or $66,300 annually, to be exempt from overtime. This is an increase from the previous threshold of $1,237.50 a week, or $64,350 annually.
For employees in the rest of the state, including the Hudson Valley and Catskills regions, the new threshold is $1,199.10 per week, or $62,353.20 annually, up from $1,161.65 per week or $60,405.80 annually.
Employees earning below these thresholds are typically eligible for overtime pay at one and a half times their regular rate for any hours worked over 40 in a workweek.
These annual increases, released by the state Department of Labor, elevate the threshold for overtime pay, resulting in more individuals with higher salaries being exempt.
The updated exemptions mainly impact employees in executive or administrative roles.
Professional employees will adhere to federal law thresholds, currently set at $684 a week or $35,568 annually, following a federal judge’s block on the Biden administration’s efforts to raise the level.
An executive employee is described as someone primarily engaged in management, overseeing the work of two or more employees, and having the authority to hire or fire staff.
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