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Here is what you need to know about some of the laws taking effect in 2024. Minimum wage increase in NJ. ... 2024, minimum wage will increase by $1 bringing it up to $15.13 per hour for most ...
The minimum wage in New Jersey is $15.13 per hour for most workers, effective January 1, 2024. New Jersey has a history of gradually increasing its minimum wage to ensure fair compensation for ...
Murphy touted the 2024 increase, which will boost wages above the $15 an hour milestone. But inflation has eroded some of the gains. NJ's minimum wage will rise on Jan. 1 - but not for everyone.
The Raise the Wage Act of 2017, which was simultaneously introduced in the House of Representatives with 166 Democratic cosponsors, would raise the minimum wage to $9.25 per hour immediately, and then gradually increase it to $15 per hour by 2024, while simultaneously raising the minimum wage for tipped workers and phasing it out. [175]
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
The New Jersey minimum wage increased to $15.13 per hour on Jan. 1, 2024. Minors (working in certain industries), car salespeople and outside salespeople are exceptions to the minimum wage law.
In February 2019, when Gov. Phil Murphy signed a bill gradually raising the minimum wage, $15 an hour had the same purchasing power that $18.64 had in May 2024’s dollars, according to the ...
A bill pushing a slower increase to $13 by 2024 also stalled. ... New Jersey: $14. New Jersey’s minimum wage raises $1, to $14 from $13, at the beginning of 2023, while the tipped wage is $5.13 ...