On May 3, 2023, Governor Hochul signed the 2024 New York State Budget. The budget includes increases to the New York State minimum wage for the next three (3) years, with future increases tied to the consumer price index. MSF Employment, Partner Andrea Neuman, Counsel, Gregg Kligman and Associate, Samantha Frenchman review the minimum wage increases over the next 3 years and what that entails for NY employers.
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Please contact an attorney in MSF’s Employment Group if you need assistance with respect to this information.
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