The New York State Division of Labor has set the minimal wage for exempt staff at $684 per week, or $35,568 per 12 months, efficient December 31, 2023. This wage degree is used to find out whether or not an worker is eligible for extra time pay underneath the Truthful Labor Requirements Act (FLSA). Workers who’re categorised as exempt usually are not entitled to extra time pay, whatever the variety of hours they work.
There are a variety of things that decide whether or not an worker is exempt from extra time pay, together with the worker’s job duties, wage, and the dimensions of the employer’s enterprise. So as to be exempt, an worker should meet all the following standards: