Effective January 1, 2015, New
Jersey’s minimum wage increased to $8.38 per hour. The increase follows a
constitutional amendment which was approved by voters in November 2013 that NFIB/NJ
vehemently
opposed. The
amendment initially raised New Jersey’s minimum wage from $7.25 per hour to
$8.25 per hour and then added annual cost-of-living increases tied to the
Consumer Price Index (CPI). The increases are calculated each September.
As a result, employers should be aware that regardless of when their pay
periods begin or end, employees must be paid at least $8.38 per hour beginning
January 1, 2015.