New York State Budget Increases Minimum Wage Statewide

May 17, 2023

On May 3, 2023, Governor Hochul signed the 2024 New York State Budget. The budget includes increases to the New York State minimum wage for the next three (3) years, with future increases tied to the consumer price index. MSS Employment, Partner Andrea Neuman, Counsel, Gregg Kligman and Associate, Samantha Frenchman review the minimum wage increases over the next 3 years and what that entails for NY employers.

Please click here to read the client alert.

Please contact an attorney in MSS’s Employment Group if you need assistance with respect to this information.

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