What Is Minimum Wage In Nj Starting 2024 2024. New jersey’s new mandatory minimum wage requirement will be effective january 1, 2024. 26, 2023, 10:42 am pdt.


What Is Minimum Wage In Nj Starting 2024 2024

The minimum wage will rise to $15.13 from $14.13 effective jan. 26, 2023, 10:42 am pdt.

This Is A $1 Increase From 2023’S Minimum Wage Of $14.13 Per Hour.

The increase is part of legislation signed by governor murphy in february 2019 that gradually raises the minimum wage to $15 per hour by 2024 for most employees.

New Jersey’s New Mandatory Minimum Wage Requirement Will Be Effective January 1, 2024.

1, 2022, eventually reaching $15 an hour by 2024.

The Increase Could Be Greater Depending.

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New Jersey Announces Minimum Wage Rates Effective For 2024.

The rate increased to $15.13.

It Comes As A Result Of State Wage Rules That Have Required The Statewide Minimum Hourly Rate

For most employers, the 2024 minimum wage for compensating employees will be $15.13 per hour (up from $14.13 per hour in 2023).

Annual Increases In The Minimum Wage Are Due To Legislation Signed By Governor Murphy In February 2019 That Raises The Wage Floor To $15 Per Hour By 2024 For Most Employees.