New York State Minimum Wage Increase 2024. — the minimum wage will increase to $16 an hour in new york city and westchester, nassau and suffolk counties and to $15 an hour in all other areas of the state on. — statewide, the average worker affected by the rising minimum wage through 2026 would see their hourly wage increase by $1.24 in “real” teams—i.e., after accounting for.
— beginning in 2024, new york state will raise minimum wage to $16 in new york city, long island, and westchester and $15 elsewhere in the state, followed by $0.50 annual increases in 2025 and 2026. — on may 3, 2023, governor kathy hochul signed the new york state 2024 budget agreement into law, which contained increases to the state’s minimum wage, effective on.