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minimum wage

NJ Minimum Wage Increase Adjusted for 2023

September 20, 2022 | posted by Abacus Payroll
Most New Jersey business owners are already aware that employers have been on a trajectory towards a $15.00 an hour minimum wage rate, with a $1.00 increase scheduled for each January 1st. On September 20, 2022, the New Jersey Department of Labor announced that the minimum wage rate scheduled to go into effect for January […]
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2020’s HR Landscape for New Jersey Employers

September 19, 2019 | posted by Abacus Payroll
The coming year is set to usher in quite a few large-scale changes for businesses of all sizes in New Jersey, so starting your preparations now will help keep your workplace compliant and employee-friendly. Here is a round-up of the main things for which you’ll want to update your HR section come 2020.   New […]
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New Jersey’s Minimum Wage Set to Increase to $15 an Hour

February 1, 2019 | posted by Abacus Payroll
On January 31, 2019, New Jersey State Legislature approved legislature proposed by Governor Phil Murphy and state leaders earlier in the month to raise New Jersey’s minimum wage to $15 per hour. While the Governor is expected to sign the bill into law on Monday, February 4, employers will have some time to prepare and adjust […]
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Avoiding Labor Poster Fees

September 26, 2018 | posted by Abacus Payroll
If you own a company of any size, you’re probably familiar with labor posters. Labor posters—those placards with information about employees’ rights—are unsightly but mandatory wall décor for every workplace, and the penalties for not putting them up are stiff. Here’s what you need to know to avoid labor poster-based fees in 2018. Risk and […]
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Preparing Your Business for a Minimum Wage Hike

November 8, 2016 | posted by Abacus Payroll
Abacus Payroll Preparing for Minimum wage increases
Labor is an employer’s greatest expense, so when a proposal to raise minimum wage comes up, it can be very stressful. Fortunately, the end ramifications of a minimum wage increase aren’t as severe as you might think—and there are plenty of steps you can take to ensure your company is ready for the change. Here […]
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