Overview of Statutes in Both Laws
Under both the new state law and the New York City amendments:- Any employers with at least 100 employees must provide employees up to 56 hours of paid leave each year.
- Employers with fewer than 100 employees must provide 40 hours of paid leave.
- Specific employers with up to four employees must provide 40 hours of paid leave. However, that’s only if the company had a net income of at least $1 million in the previous tax year.
- Employers with up to four employees with a net income of less than $1 million must provide 40 hours of unpaid leave.