The Division of Wage and Hour Compliance regulates the following workplace labor standards: MINIMUM WAGE-The New Jersey State Wage and Hour Law establishes a minimum wage rate and overtime rate for all workers in New Jersey that are covered by the Act. Effective January 1, 2015, the minimum wage rate in New Jersey is $8.38 per hour. The minimum wage will remain $8.38 for 2016. OVERTIME WAGE RATE-The New Jersey State Wage and Hour Law requires the payment of time and one half per hour for actual hours worked in excess of 40 hours, with certain exemptions.