Ny State Minimum Wage 2024 Poster. In 2025 and 2026, nys minimum wage will increase by $0.50 annually. The statewide $15 minimum wage will lift the earnings of about a quarter of the state’s total workforce and result in $15.7 billion of direct economic gains.
— new york state will raise minimum wage to $16 an hour for employees in nyc, long island and westchester, beginning in 2024, as well as $15 elsewhere in the. After the initial increase, the.