Fair Work High Income Threshold 2024 Ny. $1,200.00 per week ($62,400.00 annually) remainder of new york state: Effective march 13, 2024, the salary threshold for certain exemptions under article 6 of the new york labor law will increase from $900 to $1,300 per week, pursuant to senate bill s5572, which governor hochul signed into law on.

In fact, modern awards do not apply to ‘high income employees’, within the meaning of s 329 of the fair work act 2009 (fw act). New york recently raised the minimum salary basis thresholds for executive and administrative employees in order to satisfy the exemption from overtime, not to be confused with the separate.