N.J. Admin. Code § 12:56-3.1 - Statutory minimum wage rates for specific years; general
(a) Except
as provided at
N.J.A.C.
12:56-3.2, 3.3, 3.4, 3.5, and 3.7, every
employee shall, effective January 1, 2024, be paid not less than $ 15.13 per
hour or the minimum wage rate set by section 6(a)(1) of the Federal Fair Labor
Standards Act of 1938 (29
U.S.C. §
206(a)(1),
whichever is greater.
(b) For the
period from January 1, 2020 through January 1, 2024, on an annual basis, on or
about September 30, the Department shall, through a public notice published in
the New Jersey Register, revise the minimum hourly wage set forth at (a) above,
so as to be the greater of either an amount based on any percentage increase
during the one-year period of August of the prior year through August of the
current year of the consumer price index (CPI) for all urban wage earners and
clerical workers (CPI-W, U.S. City Average), as released by the United States
Department of Labor, Bureau of Labor Statistics, or the following:
1. For January 1, 2020, $ 11.00;
2. For January 1, 2021, $ 12.00;
3. For January 1, 2022, $ 13.00;
4. For January 1, 2023, $ 14.00;
and
5. For January 1, 2024, $
15.13.
(c) Beginning
January 1, 2025, on an annual basis, on or about September 30, the Department
shall revise the minimum hourly wage set forth in (a) above based on any
percentage increase during the one-year period of August of the prior year
through August of the current year of the consumer price index (CPI) for all
urban wage earners and clerical workers (CPI-W, U.S. City Average), as released
by the United States Department of Labor, Bureau of Labor Statistics. Annually,
the Department shall, through a public notice published in the New Jersey
Register, provide the new CPI-W, U.S. City Average, adjusted minimum hourly
wage.
(d) The Department shall, no
later than September 30 of each year, publish a notice, as set forth in (b) and
(c) above, on the Department's website, http://www.nj.gov/labor/.
Notes
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