Minimum Wage In Ny 2024. As part of the fy 2024 budget, governor hochul secured an historic agreement to increase new york’s minimum wage through 2026 and index it to inflation beginning in 2027. 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.

If you’re not aware of the brouhaha that was stirred about a year or so ago when ca gov. As of 2024, the uk’s national living wage is set at £10.42 per hour for workers aged 23 and over, which equates to about $12.69 usd.