Nj Minimum Wage 2024 Tipped Employees. Effective january 1, 2024, employers applying a tip credit must pay tipped employees a minimum of $5.26 per hour. Currently, the federal minimum wage is $7.25 an hour.
Some states set subminimum rates for minors and/or students or exempt them from coverage,. If employers opt not to take the tip credit, employees must be paid the full minimum wage.