As we reported in New York Nonprofits' October Issue, federal overtime regulations are currently on hold while the U.S. District Court in Texas moves forward with the case. However, with three days' notice, on December 28, 2016, New York State Department of Labor (NYSDOL) finalized its own overtime rules, increasing salaries for administrative and executive work and the number of workers who will qualify for overtime pay.
The new salaries differ based on size and geographic location of the employer, and the salary thresholds will increase incrementally over the next six years. Effective December 31, 2016, the new salary thresholds will be :
- New York City: $825 per week ($42,900 annually) for employers with 11 or more employees ("large employers"); this amount will increase annually until it reaches $1,125 per week ($58,500) on December 31, 2018 for large employers and December 31, 2019 for employers with 10 or fewer employees.
- Nassau, Suffolk, and Westchester counties: $750 per week ($39,000 annually); this amount will increase annually until it reaches $1,125 per week ($58,500) on December 31, 2021.
- Other parts of New York: $727.50 per week ($37,830 annually); this amount will increase annually until it reaches $937.50 per week ($48,750 annually) on December 31, 2020.