Nj Minimum Wage 2024 Small Employers. New jersey has a history of gradually increasing its minimum wage to ensure fair compensation. Seasonal and small businesses (fewer than 6 employees) will see their minimum wage increase to $13.73/hour on january 1, 2024;

Currently, the minimum wage is set to increase $1 every year until reaching $15 per hour in 2024. The minimum wage will increase at a slower rate for small.