At the start of the new year, New Jersey officially raised its statewide minimum wage from $13/hour to $14.13/hour. The increase became effective immediately on Jan. 1, 2023.
In 2019, Governor Phil Murphy signed legislation to gradually raise the minimum wage to $15/hour by 2024 for most employees. The year before this legislation was signed, the minimum wage was $8.60/hour. Under the law, the minimum wage has increased by $1/hour each year. It can also go up by more if it's warranted because of significant increases in the Consumer Price Index (CPI).
Gov. Murphy remarked that creating a path to $15/hour has been one of his proudest moments.
“This increase will ensure that hundreds of thousands of hardworking people across our state are paid a wage that allows them to provide for their families and live with greater dignity. To solidify New Jersey as the State of Opportunity, we must continue our mission of building a stronger and fairer economy that works for every family, and that begins with growing our middle class,” he said.
The minimum wage is set by the New Jersey Department of Labor and Workforce Development (NJDOL) for the coming year. The department uses the rate in the law or a CPI-based calculation to determine the rate, taking whichever is higher.
For employees who work for small or seasonal employers, minimum wage went up from $11.90/hour to $12.93/hour. These employers were given until 2026 to raise the minimum wage to $15/hour.
Agricultural workers will...
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