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NJ Rates to Rise in 2024

Workers' Compensation

Raising and aggressively enforcing the minimum wage signals to employers and workers alike that New Jersey values its workforce,” said Labor Commissioner Robert Asaro-Angelo. MINIMUM WAGE Under the law, some employers are allotted more time to reach the $15/hour minimum wage. hour, with employers able to claim a $9.87

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

Workers' Compensation

Under the law, seasonal and small employers were given until 2026 to reach $15 per hour to lessen the impact on their businesses. Agricultural workers are guided by a separate minimum wage timetable and were given until 2027 to reach the $15/hour minimum wage. hour, with employers able to claim a $7.87 hour on Jan. tip credit.