Nj Minimum Wage 2024 Small Employers. Check your cash flow in detail to ensure you are avoiding common payroll mistakes and create a hiring plan that you can afford. The national minimum wage determination also includes the vulnerable sectors of farm workers and the domestic.
New jersey — the statewide minimum wage in new jersey will reach a record high in 2024, increasing by $1 to $15.13 per hour for most workers according to state officials. After the final $1 annual increase required under current law takes effect on jan.
Check Your Cash Flow In Detail To Ensure You Are Avoiding Common Payroll Mistakes And Create A Hiring Plan That You Can Afford.
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.
The Minimum Hourly Wage For These Employees Will Increase To $13.73/Hour On Jan.
Under the law, seasonal and small employers were given until 2026 to reach $15 per hour to lessen the impact on their businesses.
How Should Small Business Owners Prepare For Changes That Are Being Made?
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This Is A $1 Increase From 2023’S Minimum Wage Of $14.13 Per Hour.
Exceptions for nj minimum wage.
The New Jersey Department Of Labor Has Set The Standard Minimum Wage At $15.13 Per Hour For 2024.
New jersey’s statewide minimum wage will increase by $1 to $15.13 per hour for most employees on january 1st, 2024.
How Should Small Business Owners Prepare For Changes That Are Being Made?