The New York State (NYS) minimum salary for exempt employees is a crucial element in determining employee eligibility for overtime pay. In 2025, this salary threshold will see an increase, impacting businesses and employees alike. Understanding the updated minimum salary is essential for ensuring compliance with labor laws and maintaining equitable compensation practices.
Exempt employees are those who are not entitled to overtime pay under the Fair Labor Standards Act (FLSA). To qualify for this exemption, employees must meet specific criteria, including earning a salary above a certain threshold. The NYS minimum salary for exempt employees is higher than the federal minimum salary, and it is adjusted periodically to keep pace with inflation and economic conditions.