Rating Newest Oldest. Best Answer: A project concept is a complete documentation of the proposed project but needs to be implemented yet. The term concept means that it is under planning and processing for implementation.
The minimum wage both in NY and under federal law currently is $7.25 per hour. It will rise to $8 per hour effective December 31, 2013, $8.75 per hour effective December 31, 2014, and $9 per hour effective December 31, 2015.
On September 10, 2015, Gov. Andrew Cuomo proposed increasing the New York state minimum wage in several stages to $15 an hour, which would make New York the first state with a statewide $15 minimum wage. This followed a decision by a Cuomo-appointed wage board to recommend a $15 minimum wage for employees of fast food chains.