New Jersey’s Minimum Wage to Surpass $15 Per Hour Target Set by Gov. Murphy

New Jersey’s statewide minimum wage will increase by $1 to $15.13 per hour for most employees on Jan. 1, 2024. This achieves – and exceeds – the goal set by legislation signed by Governor Murphy in February 2019 to raise the minimum wage to at least $15 per hour by 2024 for most employees.

When Governor Murphy took office in 2018, the state’s minimum wage was $8.60 per hour; he and the Democratic-controlled Legislature immediately identified increasing the minimum wage as a legislative priority.