Minimum Wage In 2024 In New York City. At fast food counters and corner stores, at auto garages and carwashes, even at. As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the state’s minimum wage through 2026, with indexing to inflation starting in 2027.

Wage theft can include the failure to pay minimum wage, overtime, stealing tips, misclassification of employees as independent contractors, payroll fraud, and the failure to provide required meal and rest. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027.