How Much is Overtime in NYC

How Much is Overtime in NYC?

The labor laws within the United States can get a bit confusing. There are federal laws, defined by the U.S. Department of Labor’s Fair Labor

Unfortunate Delay In Expansion Of Overtime Law

The Fair Labor Standards Act (“FLSA”) generally requires that employees receive extra over time pay calculated at time and one-half (or 150%) of their regular rate of pay for each hour worked in over 40 hours in a week. However, the FLSA does not require that overtime pay be paid to employees who perform “executive,” “administrative,” or “professional” work. These are known as the “white collar” exemptions.

New York Increases The Minimum Wage

On April 4, 2016, New York Governor Andrew Cuomo signed a law which will significantly increase the minimum wage in New York State from the current rate of $9, to $15 by the end of 2018 for many businesses in New York City, and to $15 by the end of 2021 for the New York City commuter counties of Nassau, Suffolk and Westchester. The minimum wage for the remainder of the state will reach $12.50 by the end of 2020. In enacting this law, New York joins California as the only two states in the country, which have instituted a $15 minimum wage.