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Finding out how much do you need to pay your employees

On Behalf of | Mar 20, 2019 | Firm News

Increases in New York’s minimum wage went into effect on Dec. 31. The changes impact businesses differently depending on where in the state your business is located.

The concern about such changes goes beyond the increased costs employers will face. It is also important to note that keeping track of what to pay employees will not become any simpler.

Mandatory minimum wage revisions

A National Review article notes the complexities businesses face under the new requirements. The minimum wage varies by location. The wages in New York City along with Nassau, Suffolk and Westchester counties will be higher than the remainder of the state.

In New York City, there was an increase from $13.00 per hour to $15.00 per hour for businesses with 11 or more employees. For those with 10 or more employees, it went from $12.00 per hour to $13.50 per hour. Also, the laws are somewhat different for those in the hospitality industry. Employers in the building service industry face a different set of requirements as well.

Payment of overtime

It’s worth noting that there are changes to overtime requirements as well. An employer must pay an employee for overtime unless that employee’s salary exceeds a certain threshold. With the changes in the law, these threshold requirements have increased.

It’s important to abide by these new laws. Failure to comply with wage and overtime requirements could ultimately lead to lawsuits. Employers will also need to comply with requirements when it comes to providing breaks and time off for meals.

Besides protection from litigation, employers require guidance regarding wage and hour matters. The advice skilled employment-law attorneys provide can prevent issues from arising at a later time.

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