Minimum wage goes up again beginning today
Press Release, Gov. Andrew Cuomo
Governor Andrew M. Cuomo today announced the second increase toward a statewide $15 per hour minimum wage and the launch of the nation’s strongest paid family leave policy.
In 2016, the Governor signed landmark legislation to restore economic parity and social justice to working families in New York State. Building on seven years of championing progressive policies for New York, the Governor’s paid family leave policy is the strongest and most comprehensive package in the country and will help employees maintain financial stability, and the minimum wage increase will reestablish economic justice and fairness across the state.
“New York has made major strides in the fight for economic equality, social justice and workers’ rights and with the rollout of this historic minimum wage increase and the strongest paid family leave program in the country, we continue to protect the wallets of middle class New Yorkers,” Cuomo said. “New York believes in a fair day’s pay for a fair day’s work and no family member should have to choose between caring for a loved one or losing their job – this victory will help restore fairness and equality to working families across New York.”
Middle Class Tax Cut
Under Governor Cuomo’s leadership, New York continues to reduce state taxes to record lows for middle-class New Yorkers. These new lower state tax rates will save middle-class taxpayers nearly $6.6 billion in just the first four years, and annual savings are projected to reach $4.2 billion and benefit six million filers by 2025. As the new rates phase in, they will be the state’s lowest middle-class tax rates in more than 70 years. Across New York State, taxpayers will see an average state tax cut of $250 in 2018 and an average state tax cut of $698 when fully phased in in 2025.
Paid Family Leave
Beginning tomorrow, January 1, 2018, New York State will begin the strongest, most progressive and most comprehensive paid family leave policy in the nation. New Yorkers will be allowed to take job-protected paid time off to bond with a new child, care for a loved one with a serious health condition or help relieve family pressures when a loved one is called to active military service abroad. When fully phased in, New Yorkers will be eligible for up to 12 weeks of paid time off.
Those eligible for paid family leave include:
• Parents during the first 12 months following birth, adoption, or foster placement of a child;
• Caretakers for a sick spouse, domestic partner, child, stepchild, parent, stepparent, parent-in-law, grandparent or grandchild;
• Employees with a spouse, child, domestic partner or parent who has been notified of an order of active military service abroad.
Full-time employees with a regular schedule of 20 or more hours per week will be eligible for Paid Family Leave after 26 consecutive weeks of employment. Part-time employees with a regular schedule of less than 20 hours per week can apply for Paid Family Leave after working 175 days for their employer.
Additional information on New York State’s Paid Family Leave law, along with numerous resources for employers and workers, can be found on the Paid Family Leave website. The public is also encouraged to call the Paid Family Leave helpline at (844) 337-6303 with any questions. More details are available by clicking here.
$15 Minimum Wage
Minimum wage increases are calculated based on where an individual works, by industry, and, in some cases, the size business. It is estimated that more than 2.3 million people will be positively impacted by the increase in the minimum wage statewide.
Today, December 31, 2017, the minimum wage rates in Upstate New York will increase to $10.40 (up from $9.70) and $11.75 for fast food workers outside of NYC.
To help inform businesses and employees, the New York State Department of Labor has several tools available on its website (click here).