The New York State Division of Labor has set the minimal wage for exempt workers at $684 per week, or $35,568 per 12 months, efficient December 31, 2023. This wage degree is used to find out whether or not an worker is eligible for time beyond regulation pay beneath the Truthful Labor Requirements Act (FLSA). Workers who’re labeled as exempt aren’t entitled to time beyond regulation pay, whatever the variety of hours they work.
There are a selection of things that decide whether or not an worker is exempt from time beyond regulation pay, together with the worker’s job duties, wage, and the dimensions of the employer’s enterprise. To be able to be exempt, an worker should meet all the following standards: