Governor Murphy Raises the Minimum Wage in New Jersey
Governor Murphy has signed legislation in Trenton that will raise the minimum wage in New Jersey to $15.00/hour.
New Jersey is the fourth state now to require a $15 minimum wage. California, Massachusetts, New York, and the District of Columbia have adopted similar proposals.
The Atlantic City Press broke down the pay increases. The bill raises the current $8.85 minimum wage to $10 an hour in July, then hikes the rate by $1 in subsequent years until it reaches $15 in 2024. After that, wages would increase with the Consumer Price Index. The time frame is longer for seasonal and farm workers.
Some feel the increase is overdue while some say it will hurt small business owners. How do YOU feel about the minimum wage increase?