A phased-in boost in the state’s minimum wage to $15 per hour will take effect in New York after Gov. Andrew Cuomo and state legislative leaders reached an agreement as part of a new 2016-17 budget deal approved late Thursday.
Wages will begin to increase in January under terms of the plan, with New York City hitting to $15 within three years.
Workers in Westchester, Nassau and Suffolk counties, will see an increase to $10 at the end of 2016, then $1 each year after, reaching $15 on Dec. 31, 2021.
For workers in the rest of the state, the minimum wage would increase to $9.70 at the end of 2016, then another .70 each year after until reaching $12.50 on Dec. 31, 2020 – after which will continue to increase to $15 on an indexed schedule to be set by the Director of the Division of Budget in consultation with the Department of Labor.
Businesses that have fewer than 10 employees will get to $15 within four years.
"We believe that people who work hard should be able to earn a decent living and support a family with dignity," Cuomo said. "With a statewide $15 minimum wage and the nation’s only 12-week paid family leave program, we are going to prove that the economy can and should work for all."
The budget agreement includes spending in the following categories:
- Total State Operating Funds: $96.2 billion; 2.0 percent growth
- School Aid: $24.8 billion; 6.5 percent growth
- Medicaid: $18.5 billion; 3.4 percent growth under the cap
- Higher Education: $7.2 billion; 2.0 percent growth
Check back to Daily Voice for more coverage of the budget agreement.
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