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Client Alerts | 01.11.17

Minimum Wage Increases Go Into Effect Across New York State

A multi-tiered system for minimum wage in New York State and the newest round of increases went into effect on December 31, 2016.  Further proposed increases in the minimum wage will likely take effect each year through 2021.  As detailed in the attached Client Alert, New York State businesses are divided geographically and in New York City by the size of the employer for purposes of determining minimum wage.  This Client Alert outlines these changes and also provides analysis of the multi-tiered minimum wage system with charts detailing the various new rates.

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Executive Compensation & Employee Benefits

Our Executive Compensation & Employee Benefits Practice represents companies and individuals in virtually all aspects of the employment relationship and in a wide variety of industries. We provide strategic advice and offer creative, commercial solutions designed to achieve favorable outcomes for our clients.