The state minimum wage increased by $0.50 on January 1, 2025 and is scheduled to increase again by $0.50 on January 1, 2026. Beginning in 2027, the minimum wage will annually increase by the three-year moving average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the Northeast Region. An “off-ramp” is available in the event of certain economic or budget conditions. Here’s more information on the minimum wage increase.

*Future increases will be based on an indexed schedule to be set by the Director of the Division of the Budget in consultation with the Department of Labor following an annual review of the impact.

Location	12/31/16	12/31/17	12/31/18	12/31/19	12/31/20	12/31/21	12/31/22*	01/01/24	01/01/25
NYC – Big Employers (of 11 or more)	$11.00	$13.00	$15.00					$16.00	$16.50
NYC – Small Employers (10 or less)	$10.50	$12.00	$13.50	$15.00				$16.00	$16.50
Long Island & Westchester	$10.00	$11.00	$12.00	$13.00	$14.00	$15.00		$16.00	$16.50
Remainder of New York State Workers	$9.70	$10.40	$11.10	$11.80	$12.50	$13.20	$14.20*	$15.00	$15.50

*Future increases will be based on an indexed schedule to be set by the Director of the Division of