Nj Minimum Wage 2024 Small Employer Taxable. A law signed in 2019 gradually raised the minimum wage to $15 per hour by 2024 for most employees. 1, up from $12.93, according to state officials.
Effective january 1, 2024, new jersey’s statewide minimum wage is $15.13 for most employees. The new wage for most workers is now $15.13 per hour.
The Minimum Wage Will Increase At A Slower Rate For Small Businesses With Six Or Fewer Employees, Seasonal Businesses, And Farm Labor.
The minimum hourly wage is now over $15 for the first time in new jersey, thanks to a $1 increase that took effect on jan.
The Taxable Wage Base For Workers Covered Under The Temporary Disability And Family Leave Insurance Programs Increases To $161,400 For 2024.
Seasonal and small businesses (fewer than 6 employees) will see their minimum wage increase to $13.73/hour on january 1, 2024;
Nj Minimum Wage 2024 Small Employer Taxable Images References :
Seasonal And Small Businesses (Fewer Than 6 Employees) Will See Their Minimum Wage Increase To $13.73/Hour On January 1, 2024;
$161,400 in accordance with n.j.a.c.
Currently, The Minimum Wage Is Set To Increase $1 Every Year Until Reaching $15 Per Hour In 2024.