13 States are Raising the Minimum Wage for Workers, Including New Jersey
New Jersey is one of 13 states to raise the minimum pay for workers effective 1/1/2014, from $7.25 to $8.25 per hour – one of the biggest jumps of any state.
Reports indicate that in New Jersey alone, close to a quarter-million low-wage workers will receive raises as a result of the state’s increase in the minimum wage. The state has not had a wage increase since 2009. The minimum wage for tipped employees remains $2.13 per hour.
With the wage changes for 2014, a total of 21 states will now have a higher minimum wage than the federal requirement of $7.25 per hour.
What Actions Do I Need to Take?
If your workforce includes workers making less than the new minimum wage, increase their pay as soon as possible, effective to January 1, 2014. For employers with operations in other states, be aware that the following states, in addition to New Jersey, have also increased the minimum wage effective January 1, 2014:
- New York
- Rhode Island
Feel free to contact us with any further questions.
*This Alert is provided for general informational purposes only and does not constitute legal advice.