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NJ Rates to Rise in 2024

Workers' Compensation

New Jersey is set to become one of a handful of states with a minimum wage of at least $15/hour on January 1, 2024 when the rate increases to $15.13/hour, Employees who work on a farm for an hourly or piece-rate wage will see their minimum hourly wage increase by 80 cents to $12.81/hour, million hourly workers.

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New Jersey’s Minimum Wage to Increase to $13/Hour for Most Employees on Jan. 1

Workers' Compensation

The increase is part of legislation signed by Governor Murphy in February 2019 that gradually raises the minimum wage to $15 per hour by 2024 for most employees. Employees who work on a farm for an hourly or piece-rate wage will see their minimum hourly wage increase to $11.05, up from $10.44. 1, Workers' Compensation Blog (Dec.