Client Alert: 2021 Minimum Wage Increases Upd. Attention Miscellaneous Industry Employees Minimum W age hourly rate s effective 12/31/201 9 – 12/30/20 20 New Yor k Cit y Large Employers ( 11 or more employees) Small Employers ( 10 or less employees) Minimum Wage $1 5 .00 Ove rtime after 40 hours $22 .50 Tippe d w orkers At least $11 .35 or $1 2.75 Overtime after 40 hours $18.85 or $20 .25 Minimum Wage $1 5 . New York City, 10 or fewer employees. New York City, 11 or more employees. Remainder of state, regardless of size of employer. MINIMUM WAGE DEVELOPMENTS IN NEW YORK – 2020. $14.00. Year (Effective Date) Hourly Minimum Wage 2017 (December 31, 2016) $9.70 2018 (December 31, 2017) $10.40 2019 (December 31, 2018) $11.10 2020 (December 31, 2019) $11.80 2021 (December 31, 2020) $12.50 With 2020 upon us, many New York employers must prepare for scheduled minimum wage increases that will take effect December 31, 2019. MINIMUM WAGE REPORT 2020 3 Minimum Wages by State Minimum wage laws continue to change across the United States. While the minimum wage will remain the same in 2020 for employers in New York City with 11 or more employees, all other New $15.00. The New York Department Of Labor provides a number of mandatory and optional labor law posters for all New York businesses with employees to prominently post in the workplace. Attention Miscellaneous Industry Employees Minimum W age hourly rate s effective 12/31/201 9 – 12/30/20 20 New Yor k Cit y Large Employers ( 11 or more employees) Small Employers ( 10 or less employees) Minimum Wage $1 5 .00 Ove rtime after 40 hours $22 .50 Tippe d w orkers At least $11 .35 or $1 2.75 Overtime after 40 hours $18.85 or $20 .25 Minimum Wage $1 5 . The Minimum Wage Act (Article 19 of the New York State Labor Law), which was signed into law on April 4, 2016, established , by region, gradual increase s of the minimum wage rate in New York State to $15.00 per hour. The next increase in the State minimum wage will be effective December 31, 2020 and will increase the State minimum wage in each of the regions identified below. The following states and municipalities willraise the minimum wage in 202 1. Minimum Wage Increases. Long Island and Westchester employers, regardless of size of employer. It’s 2020, Do You Know Where Your Minimum Wage Rates Are in New York? The minimum wage will continue to increase every year across New York State until it reaches $15.00 per hour on December 31st, 2020. The New York State minimum wage is in the midst of a multi-year increase, increasing $0.70 each year between 2017 and 2021. New York State’s minimum hourly wage rates for non-fast-food workers outside of New York City will increase on December 31, 2020, as follows: Nassau, Suffolk and Westchester Counties: $13.00 to $14.00 per hour; Remainder of the State outside of New York City: $11.80 to $12.50 per hour Future Scheduled Increases to the State Minimum Wage The State minimum wage rates are scheduled to increase each year on December 31st, until they reach $15.00 per hour. Minimum Wage hourly rates effective 12/31/2019 – 12/30/2020 New York City Large Employers (11 or more employees) Small Employers (10 or less employees) Minimum Wage $15.00 Overtime after 40 hours $22.50 Tipped workers At least $11.35 or $12.75 Overtime after 40 hours $18.85 or $20.25 Minimum Wage $15.00 Overtime after 40 hours $22.50 In a continuation of New York’s gradual march toward a statewide $15.00 per hour minimum wage rate, effective December 31, 2019, employers throughout New York State and New York City may need to increase the minimum hourly sum payable to workers. STATE OR LOCALITY MINIMUM WAGE RATE MAXIMUM TIP CREDIT MINIMUM TIPPED WAGE NOTES & FUTURE SCHEDULED INCREASES FEDERAL MINIMUM $7.25 $5.12 $2.13 Tipped employees must regularly earn at least Dec. 2020 . Minimum Wage as of December 31, 2020. The regional minimum wage rates are scheduled to increase each year $15.00. $12.50 Wage orders published by the Department of Labor can modify the minimum wage rate for workers in certain industries. As of Jan. 1, 2020, the following map indicates the states’ minimum wage, ranging from federal rate ($7.25) to over $13 per hour.

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