Minimum Wage NJ 2024: The Minimum Wage NJ takes center stage as a crucial force impacting the livelihoods of its workforce in the heart of New Jersey’s booming economic landscape. As we approach 2024, the New Jersey Minimum Wage remains a critical issue, influencing both the state’s economic dynamics and the well-being of its citizens. This blog article serves as a complete guide for Minimum Wage NJ 2024, deconstructing recent changes and providing insights into the broader ramifications for individuals and organizations alike.
Minimum Wage NJ
With a few exceptions, the minimum wage rate applies to practically all workers in the state of New Jersey, including children under the age of 18, some student workers, salespeople, tipped employees, and some exempted professions.
In 2024, the minimum wage in New Jersey is $15.13 per hour, with a weekly minimum pay of $605.20 for 40 hours worked. The minimum wage rate in New Jersey is associated with the Consumer Price Index (CPI) to increase in line with inflation. Every year, these numbers are used to recalculate New Jersey’s current minimum wage.
In New Jersey, the minimum wage increased from $13 to $14.13. The rise is part of a measure signed into law by Governor Phil Murphy in February 2019, which gradually raises the minimum wage to $15 per hour.
New Jersey law requires small and seasonal businesses to pay their employees $15 per hour until 2026. The minimum hourly salary for these workers has risen from $11.90 to $12.93. Twelve states, including New Jersey, had higher-than-normal rate increases this summer, as people struggled to keep up with rising costs after inflation hit a 40-year high.
Minimum Wage New Jersey Report for Five Years
| Date | Most Employers | Workers engaged in Agriculture | Seasonal & Small Workers | Salary for Tipped Workers | Salary for Direct Care Employees at Long-Term Care Facilities |
| Jan 1, 2020 | $11 | $10.30 | $10.30 | $3.13 | $11, $14 from Nov.1, 2020 |
| Jan 1, 2021 | $12 | $10.30 | $11.10 | $4.13 | $15 |
| Jan 1, 2022 | $13 | $11.05 | $11.90 | $5.13 | $16 |
| Jan 1, 2023 | $14.13 | $12.01 | $12.93 | $5.26 | $17.13 |
| Jan 1, 2024 | $15.13 | $12.81 | $13.93 | $5.26 | $18.13 |
Minimum Wage NJ 2024
The minimum wage for the majority of New Jersey workers will rise by $1 per hour the following year to $15.13, exceeding the $15 objective established by state officials in 2019. Inflation is measured by the Consumer Price Index, which records changes in the prices individuals pay for specific commodities. After reaching $15 per hour in January, the minimum wage will be raised annually.
The following changes are made concerning other employees.
- The minimum wage NJ for seasonal workers and small business owners will increase from $12.93 to $13.73 per hour. The deadline for employers to reach $15 per hour to reduce the effects on their businesses has been set for 2026.
- Pay for direct personnel in long-term care homes will rise by $1 to $18.13 per hour.
- Hourly or piece-rate workers in agriculture and farming will now get $12.81 per hour, up from $12.01. The deadline for those employees to earn the $15 minimum wage per hour has been set for 2027.
- The hourly cash salary for tipped employees will remain at $5.26. Employers will also be eligible for a $1 rise in tip credit to $9.87. Tips must be added to an employee’s minimum cash compensation to ensure that it is at least the state minimum wage.
Minimum Wage NJ Exemptions
Certain types of employees are eligible for special minimum wage rates under the Fair Labor Standards Act and New Jersey minimum wage law. The following groups are eligible for the special minimum wage:
Minor/Under 20 Minimum Wage: Under federal law, employers in New Jersey may pay a recruit under the age of twenty-one ($4.25 per hour) as training compensation for the first ninety days of employment. The minor/under-20 minimum wage is known as this.
Employers may pay part-time college or high school students 85% ($12.01) of the New Jersey minimum wage for up to 20 hours per week of labor.
Tipped Minimum Wage: This rule allows New Jersey workers to be paid less than the minimum wage if they get a certain amount in tips each month. Tipped employees must be paid a minimum wage of $5.26 per hour beginning January 1, 2024. This is acceptable as long as the employer’s cash salary and tips total the $14.13 minimum wage per hour.
Overtime Minimum Wage NJ 2024
If an employee works more than 40 hours per week in New Jersey, they are entitled to at least 1.5 times the regular relevant minimum wage. Every hour worked over 40, the weekly overtime requirement, will result in a minimum wage of $21.20 for extra work. The FLSA Act assures adequate overtime compensation for all NJ employees who fulfill the standards for the overtime minimum wage rate.
You have the right to file an unpaid overtime claim with the New Jersey Department of Labor if your employer fails to meet the overtime minimum pay standard for any reason and you are not compensated for the required minimum overtime compensation.
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