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New Jersey / Minimum Wage Bill Vetoed

As widely anticipated, on Monday, January 28, New Jersey Governor Chris Christie vetoed a bill that would have increased the state’s minimum wage to $8.50 an hour, with future increases tied to the Consumer Price Index (“CPI”). In vetoing the bill, Governor Christie instead proposed a phased-in $1 increase which he feels will better protect the state’s economic recovery post Hurricane Sandy. Specifically, Governor Christie’s proposal would increase the current minimum wage rate by 25 cents this year, by 50 cents in 2014, and by another 25 cents in 2015.

Chosen excerpts by Job Market Monitor from

Mondaq

via Update: New Jersey Minimum Wage Bill Vetoed By Governor Christie – Employment and HR – United States.

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