As part of the 2016-2017 budget deal, the New York legislature
and Governor Cuomo agreed to increase the minimum wage yet again.
In fact, the minimum wage will increase to $15.00 per hour in New
York City for most employers by the end of 2018. This will be the
eighth time that the minimum wage in New York has increased since
2013.
The budget deal creates a three tier wage system in New
York:
- one tier for New York City
- a second tier for Nassau, Suffolk and Westchester counties
- a third tier for the rest of the State
The New York City tier also has two sub-tiers – one for
"large" employers and one for "small"
employers. A "large employer" is defined under this law
as any employer that has more than 10 employees. In addition, the
tip credit is also changing as a result of the budget deal;
employers will now have to pay a cash wage to tipped workers that
is at least 2/3 of the full minimum wage, rounded up to the nearest
$0.05. Accordingly, under the budget
