Your Guide to New York’s Minimum Wage

Your Guide to New York’s Minimum Wage
Small business employers and their employees should be aware of the minimum wage requirements in New York.
by Square Nov 13, 2023 — 2 min read
Your Guide to New York’s Minimum Wage

If you’re a business owner in New York, you know that former Governor Cuomo signed legislation that calls for an increase in New York minimum wage and paid leave in recent years. But you may still not be clear about the details. With several different minimum wages ranging across various sectors and regions, it’s confusing.

Not to worry: We’ve got you covered. This article walks you through everything you need to know about new minimum wage and paid leave laws that affect your business in 2024.

What is the minimum wage in New York State in 2024?

The New York minimum wage depends on the location of your company. Here’s a quick breakdown of the minimum wage for non-tipped employees effective January 1, 2024:

What about the minimum wage for workers who make tips?

Again, it depends on your company’s industry and location. These are the details, effective January 1, 2024:

Fast food workers:

Hospitality service workers:

Food service workers:

How should small business owners prepare for minimum wage and paid leave increases in 2024?

Every business is different, so there isn’t one right way to prepare. Here are a few options you may want to consider:


As always, to make sure your business is prepared and stays in compliance, we recommend that you discuss these upcoming changes to the New York minimum wage and paid family leave laws with your accountant and lawyer.

The Bottom Line is brought to you by a global team of collaborators who believe that anyone should be able to participate and thrive in the economy.


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