New York

Currency
United States dollar (USD)
Payroll Frequency
Weekly/Bi-Monthly/Monthly
Employer Taxes
16.261% - 24.061%

About 

New York

A state in the northeast of the United States, New York is most famous as the home of New York City, the largest city in the United States and the world's financial capital.

Overview

Population
20,215,751
Language
English
Capital
Albany
Currency
United States dollar (USD)
Country code
+1
Min wage
12.50–15 USD depending on location
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
40 days per week

Payroll

Cycle
  • 1 Jan: New Year's Day
  • 17 Jan: Martin Luther King Jr. Birthday
  • 12 Feb: Lincoln's Birthday
  • 21 Feb: President's Day
  • 30 May: Memorial Day
  • 4 Jul: Independence Day
  • 5 Sep: Labor Day
  • 10 Oct: Columbus Day
  • 11 Nov: Veterans Day
  • 24 Nov: Thanksgiving Day
  • 25 Dec: Christmas Day
  • 26 Dec: Christmas Holiday
Avg employer tax

16.261% - 24.061%

Taxation

Tax breakdown - Employer
  • Unemployment (State): 2.10%–9.90%
  • Unemployment- New Employer (State): 4.10%
  • Disability Insurance (State): 0.511%
  • FICA Social Security (Federal): 6.20%
  • FICA Medicare (Federal): 1.45% (0.9% Additional tax on over 200,000 USD)
  • FUTA Federal Unemployment: 6.00%
VAT

8.52%

Holidays / PTO

Public holidays

Maternity leave also falls under the federal FMLA - see our page on the United States for more details. In addition to federal provision, the State of New York's short-term disability benefits can be used around the time of childbirth for a maximum of 26 weeks. The benefits entitle the mother to payments of 50% of her salary from the last eight weeks, although this is capped at 170 USD per week and cannot be used concurrently with FMLA leave.

Sick days

Sick leave falls under the federal Family and Medical Leave Act (FMLA) - see our page on the United States for more details. Further to the FMLA, New Your City and Westchester County have their own provisions for paid sick leave for employees working for companies with a minimum of five staff. After completing a year of service, such employees are entitled to one hour of paid sick leave for every 30 hours worked (up to a maximum of 40 hours each year). If a company has less than five staff members, those employees are entitled to unpaid sick leave amounting to 12 weeks.

Maternity leave

Paternity leave also falls under the federal FMLA - see our page on the United States for more details. In addition to federal provision, the State of New York also has extra paternity leave laws entitling eligible fathers to up to 12 weeks of paid leave under the terms of the Paid Family Leave Act.

Paternity leave

See our page on the United States for details on termination processes that also apply to the State of New York.

Termination

Termination Process

Most employees in the State of New York are employed "at will", meaning either party can end the contract without notice. However, in practice, many employers offer and request two weeks' notice. In mass dismissal cases, 60 days' notice is a federal requirement.

Notice Period

Most employees in the State of New York are employed "at will", meaning either party can end the contract without notice. However, in practice, many employers offer and request two weeks' notice. In mass dismissal cases, 60 days' notice is a federal requirement.

Severance Pay

Employers are not required to pay severance except when it is stipulated in the employment contract or collective agreement. In the State of New York, one week's pay per year of employment is a common approach to severance payments.

Probation Period

Probationary periods are not legally required, but many employers follow the initial 90 days of employment with a performance evaluation.

Tax Calculation

*
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*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation

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New York

Currency
United States dollar (USD)
Payroll Frequency
Weekly/Bi-Monthly/Monthly
Employer Taxes
16.261% - 24.061%

About 

New York

A state in the northeast of the United States, New York is most famous as the home of New York City, the largest city in the United States and the world's financial capital.

Overview

Population
20,215,751
Language
English
Capital
Albany
Currency
United States dollar (USD)
Country code
+1
Min wage
12.50–15 USD depending on location
Working hours
8 hours per day
Weekdays
Monday to Friday
Work hours per week
40 days per week

Payroll

Cycle
  • 1 Jan: New Year's Day
  • 17 Jan: Martin Luther King Jr. Birthday
  • 12 Feb: Lincoln's Birthday
  • 21 Feb: President's Day
  • 30 May: Memorial Day
  • 4 Jul: Independence Day
  • 5 Sep: Labor Day
  • 10 Oct: Columbus Day
  • 11 Nov: Veterans Day
  • 24 Nov: Thanksgiving Day
  • 25 Dec: Christmas Day
  • 26 Dec: Christmas Holiday
Avg employer tax

16.261% - 24.061%

Taxation

Tax breakdown - Employer
  • Unemployment (State): 2.10%–9.90%
  • Unemployment- New Employer (State): 4.10%
  • Disability Insurance (State): 0.511%
  • FICA Social Security (Federal): 6.20%
  • FICA Medicare (Federal): 1.45% (0.9% Additional tax on over 200,000 USD)
  • FUTA Federal Unemployment: 6.00%
VAT

8.52%

Holidays / PTO

Public holidays

Maternity leave also falls under the federal FMLA - see our page on the United States for more details. In addition to federal provision, the State of New York's short-term disability benefits can be used around the time of childbirth for a maximum of 26 weeks. The benefits entitle the mother to payments of 50% of her salary from the last eight weeks, although this is capped at 170 USD per week and cannot be used concurrently with FMLA leave.

Sick days

Sick leave falls under the federal Family and Medical Leave Act (FMLA) - see our page on the United States for more details. Further to the FMLA, New Your City and Westchester County have their own provisions for paid sick leave for employees working for companies with a minimum of five staff. After completing a year of service, such employees are entitled to one hour of paid sick leave for every 30 hours worked (up to a maximum of 40 hours each year). If a company has less than five staff members, those employees are entitled to unpaid sick leave amounting to 12 weeks.

Maternity leave

Paternity leave also falls under the federal FMLA - see our page on the United States for more details. In addition to federal provision, the State of New York also has extra paternity leave laws entitling eligible fathers to up to 12 weeks of paid leave under the terms of the Paid Family Leave Act.

Paternity leave

See our page on the United States for details on termination processes that also apply to the State of New York.

Termination

Termination Process

Most employees in the State of New York are employed "at will", meaning either party can end the contract without notice. However, in practice, many employers offer and request two weeks' notice. In mass dismissal cases, 60 days' notice is a federal requirement.

Notice Period

Most employees in the State of New York are employed "at will", meaning either party can end the contract without notice. However, in practice, many employers offer and request two weeks' notice. In mass dismissal cases, 60 days' notice is a federal requirement.

Severance Pay

Employers are not required to pay severance except when it is stipulated in the employment contract or collective agreement. In the State of New York, one week's pay per year of employment is a common approach to severance payments.

Probation Period

Probationary periods are not legally required, but many employers follow the initial 90 days of employment with a performance evaluation.

Tax Calculation

*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
*
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation