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Episode 11:
Employment engagement with Delesa Brokamp of Prime Hospitality Group

Wages aren’t everything!

While pay is one of the main factors that hourly employees consider when choosing to join (or stay at) a company, it’s not the end all be all. Research shows that advancement opportunities, supportive management, and schedule flexibility are all incredibly important as well.

Want to learn more about this trend? We dive deep into the data behind which perks and benefits matter most to hourly workers. Check out our full conversation with expert Sara Wasserteil of Cara Collective.

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HOURLY WAGE INDEX

Let’s talk wages in New York

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$14.20

What is the minimum wage in New York?

As of 2023, the minimum wage in New York state is $15 per hour for all employees, with the exception of those working in certain industries such as fast food and farm workers, who have different minimum wage rates. 

The minimum wage rate for employees in New York City with 11 or more employees is $15 per hour. For New York City employees with 10 or fewer employees, the minimum wage rate is $15 per hour. The minimum wage rate for employees in Nassau, Suffolk, and Westchester counties is $14 per hour. In addition to the state minimum wage, some localities in New York have set higher minimum wages.

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$22.90

What is the average wage in New York?

The average wage in New York state varies depending on the industry and occupation. According to data from the Bureau of Labor Statistics, as of 2021, the average hourly wage in New York state was $22.90. 

The average wage for certain industries such as finance, insurance, and professional, scientific, and technical services is higher. Conversely, the average wage for industries such as retail trade, accommodation and food services, and healthcare and social assistance is lower. It's also worth noting that the average wage in New York City is likely to be higher than the average wage in other parts of the state due to the high cost of living and concentration of high-paying jobs in the city.

money
$15.00

What is the minimum wage in New York City?

The minimum wage in New York City for employees of companies with 11 or more employees is $15 per hour. For employees of companies with 10 or fewer employees, the minimum wage is $15 per hour.
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