what is the minimum wage in new jersey

what is the minimum wage in new jersey

1 year ago 61
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The minimum wage in New Jersey depends on the type of employer and the date. As of January 1, 2023, the minimum wage is $14.13 per hour for most workers. However, for small employers with fewer than 6 employees, the minimum wage is $13.50 per hour, and for agricultural employers, it is $12.50 per hour. The minimum wage rate in New Jersey is linked to the Consumer Price Index (CPI), which is intended to raise the minimum rate along with the inflation rate. Tipped employees must receive the same hourly wage rates as above, but employers may take a tip-credit and pay less than the minimum wage rate so long as tips make up the difference. The new law permits employers to take the following tip credits against the general minimum wage: $6.72 per hour from January 1, 2019 to June 30, 2019; $7.37 per hour from July 1, 2019 to December 31, 2019; $7.87 per hour from 2020 through 2022; $8.87 per hour in 2023; and $9.87 per hour thereafter.

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