United States: New Jersey’s Minimum Wage Rises To $8.38 In the New Year
Due to an increase in the Consumer Price Index (CPI), New Jersey’s minimum wage will rise to $8.38 per hour starting January 1, 2015. This is the second consecutive year that the state’s minimum wage will increase. Per our prior client alert, last year New Jersey voters approved a constitutional amendment that increased the state’s minimum wage to $8.25 per hour effective January 1, 2014, and that mandated automatic annual adjustments based on the […]