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minimum wage increase

NJ Minimum Wage Increasing to $12

The hourly minimum wage in New Jersey will go up by a dollar in 2021.

The wage will go up to $12 an hour for most employees beginning New Year’s Day.

Seasonal employees and employees of a “small employer” will see their minimum wage rise to $11.10, while farm workers who make an hourly or piece-rate wage will go up to $10.44 per hour. Both are up from $10.30 per hour.

These are a part of a law signed by state Gov. Phil Murphy in February of 2019 that would see the minimum wage go up to $15 by 2024.

Cosmo Insurance Agency is a full-service independent insurance agency based in Hackensack (Bergen County) and Lakewood (Ocean County), New Jersey that offers an all-encompassing range of insurance options for both individuals and businesses. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating our knowledge of the insurance guidelines for healthcare, employee benefits, life insurance, self-insurance, dental, disability, and long term care insurance, we keep our clients up-to-date with affordable plans that cover all their specific insurance needs.

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2024