Nj Minimum Wage 2024 Small Business Owners. The minimum hourly wage for this group did increase. While some small business owners say a $15 minimum wage would be such a financial burden they might have to close their doors, others say the effect would be minimal.
Seasonal and small businesses (fewer than 6 employees) will see their minimum wage increase to $13.73/hour on january 1, 2024; Effective january 1, 2024, new jerseyโs statewide minimum wage is $15.13 for most employees.