—Overview— On Feb. 4, 2019, Gov. Phil Murphy signed A-15, which set New Jersey on the path to raise the minimum wage in increments to $15 an hour by 2024. The law raised the minimum wage to $10 per hour on July 1, 2019 and then to $11 per hour on Jan. 1, 2020. Currently, […]
Minimum Wage
What You Need to Know About Tipped Workers, Minimum Wage
Officials from the New Jersey Department of Labor and Workforce Development today walked NJBIA webinar listeners through the most important information they need to know about the state’s new rules affecting how tipped workers are impacted by the state’s minimum wage law. The presentation by NJDOL policy advisor Christine Blumauer, investigator Martha Diaz, and Wage […]
Minimum Wage Law (P.L.2019, c.32)
—Overview— On Feb. 4, 2019, Gov. Phil Murphy signed A-15, which set New Jersey on the path to raise the minimum wage in increments to $15 an hour by 2024. The law raised the minimum wage to $10 per hour on July 1, 2019 and then to $11 per hour on Jan. 1, 2020. Currently, […]
Tax Credits for Hiring Teens Get Committee Approval
The Senate Labor Committee today released NJBIA-backed legislation that would provide businesses that hire people under 18 years old with a tax credit to offset the cost of the state’s higher minimum wage. S-718 (Addiego, D-8; Singleton, D-7) would provide an employer with a refundable tax credit against the corporation business tax or the gross […]
Minimum Wage Increases
On January 1, 2020 the minimum wage increased to $11 and will increase $1 every year until reaching $15 per hour in 2024. The minimum wage for small businesses with less than six employees, seasonal businesses, and farm labor is now set at $10.30 and will increase to $15 at a slower rate. The minimum […]