Ny State Minimum Wage 2024 Poster. The increase in 2024 will be followed. These rates are in effect from january 1, 2024 through december 31, 2024.
In 2025 and 2026, nys minimum wage will increase by $0.50 annually. The dynamics of minimum wage in new york vary significantly across different regions and are especially nuanced for tipped employees in the hospitality sector.