United States – New York
HR & Labor
New York City: $975 per week or $50,700 per year.
Downstate (Nassau, Suffolk and Westchester): $825 per week or $42,900 per year.
Remainder of NY state: $780 per week or $37,830 per year.
The New York State minimum wage is $10.40 per hour. In Long Island and Westchester, it is $11.00 per hour. In NYC for small employers (of 10 or less) it is $12.00 per hour, and for large employers (of 11 or more) it is $13.00 per hour.
The state contribution is 27.6% of the employee's wages.
The employee contribution is 20.1% of monthly wages. Contribution limit is $18,000.
No official severance payments in the state of Washington. Depends on the agreement between the employer and employee.
Advance notice is 2 weeks.
NY follow “employment at will”doctrine which means both the employee and employer are allowed to terminate the employment at any given time without a reason Therefore at the time of termination, the employer must pay all the necessary wages up to the day of termination
The state law does not require official vacation time to be given to the employees. It depends on the agreement with the employer.
No official law requires the employer to give employees sick days. Depends on the prior agreement upon start of employment.
There are 12 official public holidays.
There are no official expat benefits. However different companies can offer special benefits for the expats working for them. Benefits differ from one company to another.
Additional Employee Withholdings
1. Medicare - 1.45%
2. Social Security- 6.2%
3. Unemployment Tax- 6.0% and maximum taxable earnings are $7,000
1. Unemployment Insurance- 4.1%
1. Medicare - 1.45% (additional 0.9% contribution for employees earning less than $200,000)
2. Social Security - 6.2% with salary ceiling of $118,500
3. Unemployment Tax - 0%
1. Unemployment Insurance- Employee can contribute voluntarily.
As of 2011, after the Tax Relief, Unemployment Insurance Re-authorization and Job Creation Act of 2010, the Social Security tax rate is 4.2 percent of an employee's wages.
In addition, there is a limit to the amount of wages that are subject to Social Security taxes. In 2016, the taxable wage base is be $118,500
VAT / State Sales Tax
State sales tax is 4.5% standard rate.