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Tag: Minimum Wage

Rate Increases for 2023

By Jennifer Wettje As the new year begins, employers should prepare and plan for minimum wage rate increases. Both New Jersey and New York will experience minimum wage rate increases in 2023. The new minimum wage rate for New Jersey went into effect on January 1, 2023.  The rate will increase to $14.13 an hour up from $13 an hour for most employers.  Seasonal employers and small employers (fewer than 6 employees) will see the rate increase to $12.93 an hour.  Agricultural employers...

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Payroll/HR End of Year – What You Need To Know

It has been quite a year, and most of us are glad to see 2020 come to an end.  Businesses have had to pivot pretty quickly in a number of areas due to the pandemic this year.  Before we ring in the new year, it is important to note the following changes, many of which result from the stimulus relief bill passed by Congress. While this bill is not yet law, employers should be aware of the provisions that may be applicable to them if and when these measures are signed into law. Paid...

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