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New York’s Upcoming Minimum Wage Increase
New York’s Upcoming Minimum Wage Increase
New York State Regulations, Payroll Management, New York Payroll Management, Hospitality Industry, Small Business
NY DOL has issued proposed adjustments to the tip credit in accordance with the upcoming increase in minimum wage. With the first increase set to take effect in January 2024, this has been signed into law by Governor Kathy Hochul and will occur over the next few years.
Click Here for NY DOL’s Official Report
Contact our team at Premier Payroll Solutions for more information:
Email: info@premierpayrollny.com
Phone: Long Island Office (631-403-5088) | NYC Office (212-488-2828)