NEW LAW: New Jersey To Incrementally Increase Minimum Wage to $15.00 Per Hour

On February 4, 2019, New Jersey Governor Phil Murphy signed A15 into law –making New Jersey the latest state to jump on the $15 per hour minimum wage bandwagon.

Under this new law, New Jersey’s minimum wage will increase as follows:

  • July 1, 2019 — increases to $10.00 per hour
  • January 1, 2020 — increases to $11.00 per hour
  • January 1, 2021 — increases to $12.00 per hour
  • January 1, 2022 — increases to $13.00 per hour
  • January 1, 2023 — increases to $14.00 per hour
  • January 1, 2024 — increases to $15.00 per hour

The minimum wage rate for tipped employees  will also increase as follows:

  • July 1, 2019 — increases to $2.63 per hour
  • January 1, 2020 — increases to $3.13 per hour
  • January 1, 2021 — increases to $4.13 per hour
  • January 1, 2022 — increases to $5.13 per hour
  • January 1, 2023 — increases to $5.13 per hour
  • January 1, 2024 — increases to $5.13 per hour

It is recommended that all New Jersey employers prepare for these increases.