New Jersey Minimum Wage 2023 In New Jersey, the state has made an adjustment to its scheduled rate increases. Effective Jan. 1, 2023, New Jersey’s minimum wage rates are: Small – $12.93 (five or fewer employees) Large – $14.13 For tipped employees in 2023, New Jersey’s rates are:...
Under these principles, Judge Jordan rejected the 2024 rule in its entirety—not just the January 2025 increase, but the increase that took effect in July 2024 and the auto-adjustment feature that would have raised the minimum salary level every three years. The court explained that earlier incr...
For 2024, an employer must withhold: 6.2% Social Security tax on the first $168,600 of employee wages (maximum tax is $10,453.20; i.e., 6.20% × $168,600), plus; 1.45% Medicare tax on the first $200,000 of employee wages, plus; 2.35% Medicare tax (regular 1.45% Medicare tax +...
1, 2024 Annual cost of living adjustment Nebraska $10.50 (for employers of four or more employees) $2.13 Jan. 1, 2024 Will increase to $12.00 Nevada $9.50 (employees with qualifying health insurance) $10.50 (employees without qualifying health insurance) $9.50 (employees with qualifying health ...