November 8, 2023 SMG Industry Knowledge, New Jersey, SMG 0 Minimum Wage Increase in 2024 Beginning January 1, 2024, New Jersey’s minimum wage will increase by $1 to $15.13 per hour for most of its workforce.Minimum wage increases are determined by the New Jersey Department of Labor and Workforce Development (NJDOL) using either a rate specified in the law passed by Governor Murphy or a calculation based on the Consumer Price Index (CPI). Whichever results in the higher number is the one that is used.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. With weekly on-time pay, and multiple shifts available – see our open positions here.If you have any other questions about working with Staff Management Group, check out the frequently asked questions.Like us on Facebook and follow us on LinkedIn!