Minimum Wage 2024 Ny State. As part of the fiscal year 2024 budget, governor hochul secured an agreement to increase the state's minimum wage through 2026, with indexing to inflation. The human services and advocacy campaign known as bump, or “bring up minimum pay,” wants the minimum wage floor for the sector to match the cost of living in.
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,. The new york state department of labor has issued the updated minimum wage poster for “miscellaneous industry” employees for 2024.
