Laws of New York (Last Updated: November 21, 2014)

Section 654. Basis of changes in minimum wage

Latest version.

In establishing minimum
  wages and regulations for any occupation or occupations pursuant to  the
  provisions of the following sections of this article, the wage board and
  the  commissioner  shall  consider  the  amount  sufficient  to  provide
  adequate maintenance and to protect health and, in  addition,  the  wage
  board  and  the  commissioner  shall  consider  the value of the work or
  classification of work performed, and the wages paid in  the  state  for
  work of like or comparable character.

                    
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