New Jersey's Minimum Wage Will Begin Increasing Starting July 1, 2019
Governor Murphy signed today a bill that increases New Jersey's minimum wage. The bill is expected to have a significant impact on New Jersey businesses.
The new law increases the minimum wage from $8.85 to $10 beginning July 1st. Thereafter, the minimum wage will increase by $1 per year until 2024. The increase schedule is as follows:
Current: $8.85 per hour
July 1, 2019: $10 per hour
January 1, 2020: $11 per hour
January 1, 2021: $12 per hour
January 1, 2022: $13 per hour
January 1, 2023: $14 per hour
January 1, 2024: $15 per hour
The bill only has a few exceptions for small employers (less than six employees), seasonal workers, agricultural workers, and new hires enrolled in a training program. Information about the bill and its impact can be found in our firm's previous update by clicking here.