202502.27
0

OVERTIME EXEMPTION SALARY THRESHOLD

in 1) Business Law, 2) Employment Law

Maintaining compliance with wage and hour laws is essential for all New York employers. A key aspect of this compliance involves ensuring that employees classified as exempt (from overtime) meet the required salary thresholds. These thresholds have recently increased, impacting on the eligibility of employees for executive and administrative exemptions from overtime pay.

  • The minimum weekly salary is now $1,237.50 ($64,350 annually) for employees in New York City, Long Island, and Westchester County.
  • The minimum weekly salary is $1,161.65 ($60,405.80 annually) for employees located in the remainder of New York State.

Employers are advised to:

  • Review their current employee classifications.
  • Review salary levels to ensure compliance with these updated thresholds.

Penalties: Failure to meet these requirements may result in liability for unpaid overtime, including back pay, liquidated damages and potential legal action.