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What will minimum wage be in 2024 New Jersey?

Nonprofits should note that New Jerseys minimum hourly wage will increase on January 1, 2024, to $15.13 for employees of large employers and $13.73 for employees of small and seasonal employers.

What will NJ minimum wage be in 2023?

The minimum wage rate in New Jersey has raised $14.13 per hour for most employees, effective from January 1, 2023. Moreover, the minimum wage has increased to $12.93 for employees working in a small organization(

What will NJ minimum wage be in 2024?

Nonprofits should note that New Jerseys minimum hourly wage will increase on January 1, 2024, to $15.13 for employees of large employers and $13.73 for employees of small and seasonal employers.

What is the hourly rate in New Jersey?

TRENTON New Jerseys statewide minimum wage will increase by $1.13 to $14.13 per hour for most employees, effective today, January 1, 2023. 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.

Is NJ minimum wage $15?

TRENTON New Jerseys statewide minimum wage will increase by $1 to $15.13 per hour for most employees on Jan. 1, 2024. This achieves and exceeds the goal set by legislation signed by Governor Murphy in February 2019 to raise the minimum wage to at least $15 per hour by 2024 for most employees.

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What is a living wage in NJ?

Living Wage Calculation for New Jersey 1 ADULT2 ADULTS (BOTH WORKING)0 Children2 ChildrenLiving Wage$18.71$28.44Poverty Wage$6.53$6.67Minimum Wage$14.13$14.13

What states are going to $15 an hour minimum wage?

Which States Have a $15 per Hour Minimum Wage? California, Connecticut, Massachusetts, and Washington are the states with a minimum wage of $15 per hour or above. While not a state, Washington, D.C. also falls into this category with its minimum wage of $17 per hour.

Is $15 dollars the new minimum wage?

State Minimum Wages StateMinimum WageIndexed Automatic Annual AdjustmentsAmerican SamoaVaries 1Arizona$13.85Rate increased annually based on cost of living beginning Jan. 2021 (2016 ballot measure)Arkansas$11.00California$15.50Indexed annual increases based on CPI begin Jan. 1, 202352 more rows Oct 12, 2023

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What will minimum wage be in 2024 New Jersey?

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