New York State Minimum Wage 2024 Poster. The agreement between governor hochul and the new york state legislature establishes a new minimum wage of $16 per hour for new york city,. The update covers all industries other than hospitality, farmworkers, and building service.
The update covers all industries other than hospitality, farmworkers, and building service. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027.