Florida Minimum Wage 2024 Salary Nyc. As part of the fy24 executive budget (education, labor and family assistance (elfa) bill part s), governor hochul proposes that the current minimum wage levels be indexed to inflation,. Since most hourly employees don't work full time and/or take time off, actual yearly earnings will likely be lower.

Employers should adjust their minimum exempt salary to $58,458.40 annually ($1,124.20 weekly) to reflect the increase that took effect january 1, 2024 in areas outside of. New minimum wage in florida initial increase in 2024.