FingerLakes1, Dec 22, 2023
New York State is gearing up for a significant increase in the minimum wage, setting the new standard at $15 per hour [upstate] starting on January 1. The plan includes subsequent raises of 50 cents over the next two years and provisions to index the minimum wage to inflation annually starting in 2027. ...
Business perspectives also vary, with some owners, like Annie Adams of Second Chic in Buffalo, embracing the increase as a strategy to reduce employee turnover and boost local spending. ...