How much New Jersey's minimum wage will increase on Jan. 1, 2023

The New Jersey minimum wage is rising to $14.13 an hour for most employees on Jan. 1, 2023.  It is rising $1.13 an hour from the current rate of $13 an hour.

Tipped workers’ cash wage will increase to $5.26/hour, with employers able to claim an $8.87 tip credit, an increase in the maximum allowable tip credit of $1. If the minimum cash wage plus an employee’s tips do not equal at least the state minimum wage, then the employer must pay the employee the difference.

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