New York Raises Salary Threshold for Exemption From Payday Laws

New York is increasing the weekly salary threshold for exemption from state wage payment laws to $1,300 from $900, under a bill that will go into effect on March 13, 2024.

SB 5572 applies to the executive, administrative, and professional employee exemption from state laws regulating direct deposit and pay frequency.

Generally, nonexempt employees must be paid on at least a semimonthly basis, and employers must receive written consent from nonexempt employees before paying them through direct deposit, under state law. Exempt employees are not subject to these provisions and may not file wage claims with the state labor standards ...