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Minimum wage increase 2020 ny. Each year the minimum wage will increase based on the consumer price index cpi or by at least 100 whichever is greater. The new law raises the current rate of 885 to 15 by 2024. Trenton new jersey wpvi new jerseys minimum wage will go up to 11 an hour on january 1 2020 as part of the states five year phase in of a 15 hourly minimum wage.
For most workers the minimum wage will increase as follows. The minimum wage for most new jersey workers will go up by 1 in 2020 to 11 an hour state officials announced on tuesday. New jerseys state minimum wage rate is 1100 per hourthis is greater than the federal minimum wage of 725.
New jerseys minimum wage date most employers seasonal small employers fewer than 6 agricultural employers cash wage for tipped workers january 1 2019 885 885 885 213 july 1 2019 1000 no change no change 263 january 1 2020 1100 1030 1030 313 january 1 2021 1200 1110 1044 413. The minimum wage applies to most employees in new jersey with limited exceptions including tipped employees some student workers and other exempt occupations. New jerseys plan sets forth an incremental set of increases beginning july 1 and ending in 2024.
New jerseys constitution requires an annual review. There is a special minimum wage for certain exempt employees such as tipped employees student workers and other jobs which fall under nj exempt conditions. The minimum wage the lowest hourly amount that an employee may be paid for their labor is determined by both state and federal labor laws in the united statesunder the federal fair labor standards act states and localities are permitted to set their own minimum wage rates which will take precedence over the federal minimum wage rate if they are higher.
Of labor and workforce dev. Dc will be the first to. Wage and hour law abstract.
Indexed wage increases by type of employer. The new jersey minimum wage in 2020 is 1100 per hour. What is the new jersey minimum wage in 2020.
New jerseys current minimum wage is 1100 for employers with 6 or more employees except seasonal and agricultural employees and 1030 for employers with 5 or fewer employees and for any seasonal or agricultural employeenj constitution art. The weekly minimum wage will come up to 440 for 40 hours of work per week. Phil murphy signed a new minimum wage bill into law on feb.
10 on july 1 11 on january 1 2020 and a 1 increase every subsequent january 1 until it reaches 15 in 2024.
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