Energy Conference: Decarbonization - A Business Perspective REGISTER

On Thursday June 1, there are two bills being considered in the Legislature that are opposed by NJBIA because they would have a negative impact on your business. We are asking you to please contact your Legislative representatives and tell them to vote NO on both bills.

The first bill A-4870/S-3226 would increase the minimum wage to $17.98 per hour for contracted transportation service workers at Newark Airport, Hoboken Terminal and Newark Penn Station. In addition, the bill would provide substantial fringe benefits including vacation time and paid sick leave. Including fringe benefits the total minimum wage will rise to $22.25 an hour.

This bill not only substantially raises costs on business, but circumvents collective bargaining by imposing wage and benefit mandates that are typically determined through the contract negotiation process.

The bill would also create an unfair compensation system where employers located in these transportation centers would be required to pay far greater wages and benefits than the same employer or a competitor at a different location within the same city.

The second bill A-4927 would substantially increase the current paid family leave benefit. Under the legislation paid family leave would double from six to twelve weeks, increase the weekly benefit cap from $633 to $932 and expands who could utilize the job protected leave and why. This bill will substantially increase costs to business.

These two bills make New Jersey less competitive with our neighboring states and damage the state’s economic climate.

Please click the following links to send a letter to your Legislative representatives on A-4870/S-3226 and here for A-4927.

 

Please contact Mike Wallace, Director of Employment & Labor and Federal Affairs at mwallace@njbia.org if you have any questions.