The minimum wage, overtime, tip credit/tip threshold and exempt salary threshold rates for New York employers set forth in our previous Client Alert have now been confirmed and published in the New York State Register. Employers should update their Notice of Pay Rate forms (a/k/a 195.1 forms) to reflect these rates with an effective date of January 1, 2024, and ensure the new forms are put into use starting January 1. Happy New Year! 

  *           *           *

If you have questions or would like additional information, please contact our Labor & Employment attorneys or the primary EGS attorney with whom you work.