What New York Employers Should Know
Preparing for 2025 Wage and Exemption Updates
With a new year come new wage regulations, and New York employers may soon see updates to minimum wage and exempt employee classifications. Here’s how to prepare and avoid last-minute surprises.
Current Standards and Anticipated Changes
New York State often adjusts its wage thresholds, including minimum wage and exempt salary levels. It’s worth keeping an eye on state announcements in December to confirm any updates that might affect your payroll. Proactively budgeting for potential increases now can prevent financial strain later.
Budgeting Ahead for Wage Changes
If your company is working with a tight budget, planning ahead for possible wage adjustments makes it easier to avoid financial strain. Think about how these changes could affect salaries across roles and start strategizing to keep your compensation competitive.
Strategic Staffing Solutions
If you anticipate financial constraints, consider strategies like hiring seasonal or part-time employees to manage workload without overstretching the budget. If you’re open to hybrid or remote work models, this flexibility might also expand your options without increasing full-time expenses.
Need support with your compensation strategy or understanding potential legal updates? Feel free to reach out for a consultation. Staying proactive is key in the face of evolving wage regulations.
Supporting Employee Well-being Through New York Winters
As winter approaches, the shorter days and colder temperatures can impact employees’ energy and motivation. Here’s how you can keep morale up and help your team thrive through New York’s cold months.
Mental Health Resources
Winter can bring on the blues, so providing mental health resources is one way to show support. If your company offers an Employee Assistance Program (EAP), remind employees that it’s available. If not, consider sharing community resources or even scheduling a group wellness event to help lift spirits.
Work Environment Adjustments
Small adjustments to the workspace can have a big impact. Improving lighting, especially natural light or “daylight” lamps, can brighten up the environment. Set up a cozy break area or encourage short breaks throughout the day so employees can recharge.
Flexible Scheduling
If you have flexibility in your operations, consider adjusting schedules on stormy days or allowing work-from-home options. It’s a small accommodation that can help people avoid stressful commutes and stay productive.
Encourage Conversations Around Well-being: If you’d like help creating a winter wellness program or offering more personalized suggestions for supporting your team, reach out. Supporting well-being boosts productivity and helps employees feel valued during the colder months.
