NJPP Statement: Deal Reached on $15 Minimum Wage

Earlier today Governor Murphy and legislative leaders reached a deal on legislation to raise New Jersey’s minimum wage to $15 an hour by 2024. The proposal includes a parity provision for seasonal and small business employees (who will not reach $15 an hour until 2026), ensuring all workers make the same wage by 2028.

BRANDON McKOY, DIRECTOR OF GOVERNMENT AND PUBLIC AFFAIRS, NJPP: 

“Raising New Jersey’s minimum wage to $15 an hour is one of the most consequential, pro-worker policies enacted in the state’s history. Phasing in to $15 over five years will boost the take home pay of almost one million New Jerseyans from all corners of the state. The positive impact of this increase will reverberate throughout the economy as workers will immediately have more disposable income to spend in their local communities. This will also benefit New Jersey’s vibrant business community, especially those on Main Street, by growing their customer base and helping more residents afford their goods and services.

“NJPP has long-advocated for a $15 minimum wage for all, as New Jersey’s high cost of living does not discriminate based on age or sector. The parity provision in this proposal is critical to ensuring seasonal and small business employees will not be left behind, even if their phase-in schedule is a few years longer. We applaud the inclusion of teen workers, who were at risk of being carved out of this legislation, as their work is just as valuable to the economy and their families as anyone else’s.

“For the state’s agricultural and tipped workers, there remains more work to be done. Employees in these sectors face unique challenges that this legislation leaves unaddressed. The dignity of all workers must be recognized and we will continue to report on and fight for policies that meet the needs of all New Jerseyans, including our tipped and farm workers.”