This publication contains the wage bracket tables and exact calculation method for New York State withholding. Although some elected officials have floated the idea of postponing the effective date of these increases in light of the COVID-19 pandemic, we expect these increases to go into effect as scheduled. The subminimum remains permissible for all other categories of employers to pay tipped workers, including hospitality industry employers (i.e., restaurants and hotels). Long Island and Westchester employers, regardless of size of employer, Remainder of state, regardless of size of employer. Like the minimum wage, the salary levels depend on employer size and location. Businesses employing people in New York State should be aware of wage requirements and regulations. 2021* NYC - Big Employers (of 11 or more) $11.00: $13.00: $15.00 : NYC - Small Employers (10 or less) $10.50: $12.00: $13.50: $15.00 : Long Island & Westchester: $10.00: $11.00: $12.00: $13.00: $14.00: $15.00: Remainder of New York State Workers: $9.70: $10.40: $11.10: $11.80: $12.50 * Remainder of New York State - $11.80; These rates are in effect from December 31, 2019 through December 30, 2020. Effective December 31, 2020, such employers may no longer apply a tip credit towards minimum wage for employees who regularly receive tips. The rest of the state outside New York City: $937.50 per week, which equals $48,750 per year. Employers with operations outside of New York should also remember that, effective January 1, 2020, the standard salary level threshold for exempt employees under the FLSA will increase from $455 to $684 per week. Seyfarth Synopsis: As they have each year since 2016, the minimum wage and exempt salary threshold will increase for New York employers effective December 31, 2020.. A few weeks ago, we wrote about how the New York State legislature was considering these changes. The amount of the tip credit, however, changes as of December 31, 2020 as follows: For non-food service workers, such as delivery staff or bathroom attendants, the new allowable tip credit is as follows, except for resort hotels:4, Minimum Average of Tip Earnings Per Hour to be Eligible for the Tip Credit. Hospitality industry employers may not only need to implement payroll changes to reflect the increased minimum wage and changes to the tip credit, that goes into effect on December 31, 2020, under the Wage Theft Prevention Act, they must give their employees written notice of these changes at least seven days earlier. The remainder of New York State workers will see more moderate increases annually, based on economic markers and indexes, until they reach the $15 wage. To be eligible for a tip credit, such workers must average at least $3.25 in tip earnings per hour. New York employers should review their compensation levels and make necessary changes by December 31, 2020. Updates might result in increasing an employee’s hourly wage or salary or reclassifying exempt employees to non-exempt if they will no longer meet the exemption salary requirement. New York’s salary thresholds are already much higher than this proposed federal change, and they are increasing further at the end of this year. If salaries are not increased to meet the levels required, then your salary exempt employers will be eligible for overtime pay. New-york State Tax Calculation for $150,000.00 Salary. The NYSDOL will be implementing increases to the salary threshold for administrative and executive employees on December 31, 2016, with yearly increases to follow thereafter through December 31, 2021, depending on the employer’s location (New York sets no minimum salary threshold for … These salary requirements do not apply to outside sales employees, teachers, and employees practicing law or medicine. The new salary level is equivalent to $35,568 per year for a full-time worker. First, USDOL revised its methodology for adjusting the highly compensated employee (HCE) total annual compensation requirement. While many employers are aware of the forthcoming increase in minimum wages, many may not be aware that minimum salary levels to be exempt … The New York State Department of Labor oversees wage regulations in New York State. In most of the state, New York employers will face minimum wage or minimum salary increases on that date. 1. An Original Wage Schedule MUST BE REQUESTED from the Bureau of Public Work. Elimination of Subminimum Wage for “Miscellaneous Industries”. The tax tables and methods have been revised for payrolls made on or after January 1, 2021. Minimum Wage (2021) In keeping with the gradual increase in the State's minimum wage levels, the new tiered rates across the State, effective December 31, 2020, are listed below. They are as follows: Nassau, Suffolk, and Westchester counties, regardless of size of employer, Remainder of State, regardless of size of employer. Article 8 Prevailing Wage Schedules/Updates for 07/01/2020 - 06/30/2021 Important Notice to Contracting Agencies : The Prevailing Wage Schedules / Updates posted on this site are provided for informational and annual determination purposes ONLY. New York State increased the 2018 salary exemption threshold to $1,225 per week ($58,500 annually). The salary thresholds will increase on an annual basis, in some parts of the state, through December 31, 2021. Under California law, the minimum exempt salary for employees is tied to employer size and the state minimum wage. The rule increases the salary threshold for employees exempt under the executive, administrative, and professional exemptions (the “white collar exemptions”) from $455 per week (or $23,660 annually) to $684 per week (or $35,568 annually). The minimum wage rate for New York City employers remains $15 per hour for all employers. The salary threshold before the amendment passed for the “administrative” and “executive” exemptions under New York law was $675 per week ($35,100 annually) throughout the state. As we previously reported, New York State’s Paid Sick Leave law (“NYSPSL”) went into effect on September 30, 2020. Annually for each school district segment, the amount of savings as a result of the STAR exemption cannot exceed the savings of the prior year. 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