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.
New Yorkers across the state who make the minimum wage will see a bump in their pay check at the end of the week. New legislation went into effect Sunday night. The rate varies around the state, but in New York City the minimum wage goes from $9 an hour to 10.50 for businesses with 10 or fewer employees, and up to $11 an hour for businesses with 11 or more employees. In Westchester and Long Island, the minimum goes to $10 an hour.