Salary Increase 2024 Guidelines Nyc. Salary increase 2024 guidelines nyc. 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.
15.25% over 5 years from may 2021 to may 2025, with potential for additional salary increase at each agency’s discretion. Workers can position themselves for bigger.