NJ Minimum Wage Increases January 1, 2023

December 14, 2022

NJ Minimum Wage Increases January 1, 2023

New Jersey’s current minimum wage of $13.00 an hour is scheduled to increase again to $14.13 an hour starting January 1^st. According to federal data, as of October, New Jersey had the eighth highest minimum wage in the nation at $13.00 per hour. Annual increases in the minimum wage are due to legislation signed by Governor Murphy in February 2019 that raised the wage from $8.85 to $15.00 by 2024 for most employees. For seasonal and small employers, the minimum wage will increase January 1, 2023 to $12.93 per hour, $1.03 more than then the previous year. Agricultural workers who work on a farm for a piece-rate or regularly hourly rate basis will see an increase to $12.01. For tipped workers, the minimum wage will increase to $5.26. Employers also will be able to claim a tip credit of $8.87, which itself is a one dollar increase from this past year. For more information see: https://www.nj.gov/labor/assets/PDFs/minimumwage_postcard.pdf

Topics:

Uncategorized

State:

New Jersey

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More