Nj Minimum Wage 2024 Small Business Administration

Nj Minimum Wage 2024 Small Business Administration. 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. The increase is part of legislation.

Currently, the minimum wage is set to increase $1 every year until reaching $15 per hour in 2024. Seasonal and small businesses (fewer than 6 employees) will see their minimum wage increase to $13.73/hour on january 1, 2024;