Global Compliance Desk – New Jersey

New Jersey Becomes Latest State to Enact a $15 Minimum Wage Law 

With the signature of its governor on February 4, 2019,  New Jersey became the latest state and the third largest to pass a minimum wage bill of $15.00 per hour. California and New York, which enacted similar laws in 2016 and 2017, are the only states with larger populations than New Jersey which passed such $15 minimum wage bills. Under the Law, the state’s current minimum wage of $8.85 per hour will increase to:

  •        $10.00 per hour on July 1, 2019;
  •        $11.00 per hour on January 1, 2020;
  •        An additional $1.00 per hour on January 1 of each consecutive year until $15.00 per hour in 2024.

Each year thereafter, the minimum wage may increase further depending on the national consumer price index based on state constitutional provisions. The New Jersey law does provide a handful of exceptions, such as seasonal employers and small employers (those with 5 or fewer employees), but most of those exceptions merely extend the schedule for implementing the $15 per hour minimum by a few years.

Federal / State Update on Minimum Wage

At the federal level, the minimum wage has been $7.25 for nearly a decade. Meanwhile, in January a bill to gradually increase the federal minimum wage to $15.00 per hour was introduced by the Democratic Party in the House of Representatives. The bill has 181 co-sponsors in the House and 31 co-sponsors in the Senate.

In addition to the federal, various states such as Virginia, Hawaii, New Mexico, and Maryland introduced bills to raise the minimum wage to $15.00 per hour in January 2019. However, the Virginia bill was defeated by a narrow, two-vote margin in the state senate.

Sajid Mir
ABOUT THE AUTHOR
Sajid Mir
A labor and employment lawyer at Replicon who specializes in global compliance. Replicon provides award-winning products that make it easy to manage your workforce. Replicon is an industry leader in global compliance and has a dedicated team which pro-actively monitors international labor regulations for ensuring proper adherence with specific country rule requirements.
Get started today.
Set up a free trial based on your business needs. Start Free Trial

Top Challenges that Large Services Organizations Need to Tackle Now

Unforeseen market dynamics, the rise of disruptive technologies, new business models, and global competition are transforming the business landscape, especially large services organizations. As revenue growth slows down, professional services…Read More

Top 5 Mobile Timesheets On the Go to Make You More Productive in 2022

Time tracking software is the backbone of every company when it comes to recording time and attendance as well as project management. The demand for such software is always increasing…Read More

How can Large Service Organizations Maximize Resource Utilization to Drive Higher Project Profitability

Large services organizations are facing several challenges in their business. On one hand, they need to maintain a flexible hybrid workplace that supports collaborations and can bridge the gap and…Read More

Demystifying the millennial workforce: 5 tips from Trunk Club’s Andrew Anderson Devine

Time magazine labels the millennial generation the “most threatening and exciting generation,” infamous for “narcissism [and] its effect: entitlement.” In the workplace, the perception of the millennial workforce is no…Read More

Time and Attendance Orientation Guide

In a growing business, the day will eventually come when managing time and attendance on paper becomes both inefficient and risky, especially when trying to balance things like overtime, paid…Read More

Using shared services? These five technologies are a must

As organizations continue to scrutinize operating costs and look for areas to drive efficiencies, shared services centers (SSCs) are a no-brainer. The concept of a multi-function SSC has been around…Read More
  • Polaris
  • Time & Project Insights
  • Time & Projects Solutions
  • Replicon Products
  • Replicon Users
  • Enterprise Time Tracking
  • Cloud
  • Corporate
  • Professional Services Management
  • Shared Services Management
  • Time and Attendance Management
  • Customer Feature
  • Time Intelligence
  • Industry News
  • Global Compliance Updates
  • Others