HomeFounders News › Regulations

New York minimum wage hits $17 downstate / $16 upstate on Jan 1, 2026

Downstate exempt executive/administrative salary threshold is $1,275.00/week, not $1,275.50 ($66,300 ÷ 52 = $1,275.00 exactly; the annual $66,300 was already correct). Upstate $1,199.10/week ($62,353.20) is correct.

Why this matters for founders

NY founders hiring hourly or newly-exempt staff must raise pay to the new floors and re-check that salaried managers still clear the higher exempt threshold — anyone below it must be reclassified as overtime-eligible. Rebudget 2026 payroll now and note that from 2027 these numbers climb automatically with inflation, so build in headroom.

Source: New York State Department of Labor

Get briefs like this tuned to your business.

In the app, Founder Briefs are personalized to your country, industry and stage, and you can save the ones that matter.

Start for free →
Related updates

More that helps you.