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 York's minimum wage increases Dec. 31, 2016. ALBANY - The minimum wage in New York will increase once again on New Yearâs Eve, a change that is welcomed by low-wage workers, but feared by small-business owners and those in the tip-service industry.