Fair Work Pay Increase 2024 Nj. The hourly rate for these workers will increase from $11.05 to $12.01 in 2024. Federal increase in salary threshold for exemptions from overtime pay:


Fair Work Pay Increase 2024 Nj

The law will raise the minimum wage rate from the current rate of $8.85 per hour to at least $15.00 an hour by 2024. A law signed in 2019 gradually raised the minimum wage to $15 per hour by 2024 for most employees.

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