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MINIMUM WAGE CHANGES...THE NEW YEAR IS HERE: ARE YOU READY?

2018 brings with it some significant changes for New York employers and employees, including an increase in the minimum wage.

Minimum Wage Changes Affecting All New York State Employers

On December 31, 2017, the following minimum wage rates went into effect:

  • New York City Employers (11 employees or more) - $13.00 per hour
  • New York City Employers (10 employees or less) - $12.00 per hour
  • New York City Fast Food Employers - $13.50 per hour
  • New York State Fast Food Employers - $11.75 per hour
  • Nassau, Suffolk and Westchester Employers - $11.00 per hour
  • Employers in the Other Regions of New York - $10.40 per hour
  • Employers are required to conspicuously post a Minimum Wage Information poster in their establishments, so they should make sure to update their posters.
  • In addition, employers are required to provide employees with a Notice and Acknowledgment of Pay Rate upon hiring and any time there is a change in pay. Therefore, if employees' wages are changing due to the new minimum wage, employers should provide new Notices, or they may face penalties of up to $5,000 per employee.

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Should you have any questions on this or other employment-related matters, please contact Mr. Gefen at 516.437.4385, x119, or agefen@vmmlegal.com.

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